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Vetr Inc. issued a report on Kraft Heinz Co (NASDAQ:KHC), bumping its price target to $98.22 earlier today

Kraft Heinz Co (NASDAQ:KHC) had its estimated target price upped to $98 by Vetr Inc. in a report announced 9/19/2016. The updated target price indicates a possible upside of 0.10% based on the bussiness’ previous closing price.

On 9/12/2016, Vetr Inc. reported about Kraft Heinz Co(NASDAQ:KHC) bumped the target price from $0.00 to $98.22 that indicated a possible upside of 0.14%.

Boasting a price of $88.94, Kraft Heinz Co (NASDAQ:KHC) traded 0.26% lower on the day. With the last stock price up 6.03% relative to the two hundred day moving average, compared with the Standard & Poor’s 500 Index which has decreased -0.01% over the same time. Kraft Heinz Co has recorded a 50-day average of $88.53 and two hundred day average of $83.88. Trading volume was was up over the average, with 4,476,758 shares of KHC changing hands over the typical 2,756,250 shares.

Recent Performance Graph:

Kraft Heinz Co (NASDAQ:KHC)

With a total market value of $0.0, Kraft Heinz Co has a PE of 65 with a 52 week low of $68.18 and a 52 week high of $90.54.

In addition to Vetr Inc. reporting it’s target price, a total of 14 firms have issued a report on the stock. The one year target stock price is $90.29 with three analysts rating the company a strong buy, eight firms rating the stock a buy, three analyts rating the stock a hold, one firm rating the company to underperform, and finally one firmrating the stock as sell.

About Kraft Heinz Co (NASDAQ:KHC)

The Kraft Heinz Company is a food and beverage company. The Company is engaged in the manufacturing and marketing of food and beverage products, including condiments and sauces, cheese and dairy, meals, meats, refreshment beverages, coffee and other grocery products. The Company’s segments include the United States, Canada and Europe. The Company’s remaining businesses are combined as Rest of World. The Rest of World consists of three segments: Asia Pacific; Latin America, and Russia, India, the Middle East and Africa (RIMEA). Its brands include Heinz, Kraft, Oscar Mayer, Planters, Philadelphia, Velveeta, Lunchables, Maxwell House, Capri Sun and Ore-Ida. The Company’s products are sold through its own sales organizations and through independent brokers, agents and distributors to chain, wholesale, cooperative and independent grocery accounts, convenience stores, drug stores, value stores, bakeries, pharmacies, mass merchants, club stores, and foodservice distributors and institutions.

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