Kraft Heinz Foods Co (NYSE:HNZ) had its price objective raised by equities research analysts at Desjardins from $16.00 to $17.00 in a research note issued to investors on Monday, reports. The firm currently has a “buy” rating on the stock. Desjardins’ price objective points to a potential downside of 76.55% from the stock’s previous close.

Separately, TD Securities lifted their price target on Kraft Heinz Foods from $13.50 to $14.00 and gave the company a “hold” rating in a report on Tuesday, December 6th.

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Kraft Heinz Foods Company Profile

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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