National Bank Financial upgraded shares of Kraft Heinz Foods Co (NYSE:HNZ) from an outperform rating to a tender rating in a research note released on Wednesday, November 1st. National Bank Financial currently has $18.70 price target on the stock, up from their prior price target of $18.00.
A number of other equities research analysts have also recently commented on the company. Desjardins increased their price target on Kraft Heinz Foods from $16.00 to $18.70 in a research note on Wednesday, November 1st. TD Securities increased their price target on Kraft Heinz Foods from $14.50 to $15.00 and gave the company a hold rating in a research note on Thursday, July 6th.
Kraft Heinz Foods (NYSE:HNZ) traded down $0.05 during trading on Wednesday, reaching $18.55. The company’s stock had a trading volume of 8,592 shares.
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H. J. Heinz Company, together with its subsidiaries, is engaged in manufacturing and marketing a range of food products throughout the world. The Company’s principal products include ketchup, condiments and sauces, frozen food, soups, beans and pasta meals, infant nutrition and other food products. The Company’s products are manufactured and packaged to provide wholesome foods for consumers, as well as foodservice and institutional customers.
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