Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Kraft Heinz (NASDAQ:KHC) Share Price

Media stories about Kraft Heinz (NASDAQ:KHC) have trended somewhat positive this week, Accern reports. Accern ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Kraft Heinz earned a coverage optimism score of 0.23 on Accern’s scale. Accern also gave media headlines about the company an impact score of 46.1476348565315 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

These are some of the media headlines that may have effected Accern Sentiment’s rankings:

KHC has been the topic of a number of research analyst reports. BidaskClub upgraded Kraft Heinz from a “strong sell” rating to a “sell” rating in a report on Thursday, October 26th. Zacks Investment Research upgraded Kraft Heinz from a “sell” rating to a “hold” rating in a report on Tuesday, October 31st. Citigroup cut their price target on Kraft Heinz from $90.00 to $82.00 and set a “neutral” rating on the stock in a report on Thursday, November 2nd. Credit Suisse Group restated an “outperform” rating and set a $90.00 price target (down from $100.00) on shares of Kraft Heinz in a report on Thursday, November 2nd. Finally, Susquehanna Bancshares cut their price target on Kraft Heinz from $83.00 to $80.00 and set a “neutral” rating on the stock in a report on Thursday, November 2nd. One analyst has rated the stock with a sell rating, five have given a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $92.27.

Kraft Heinz (KHC) opened at $71.38 on Friday. Kraft Heinz has a twelve month low of $70.25 and a twelve month high of $97.77. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.77 and a quick ratio of 0.43. The stock has a market capitalization of $86,960.00 and a price-to-earnings ratio of 22.24.

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About Kraft Heinz

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.

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