Why Wall Street Is Still Optimistic about Kraft Heinz

The majority of Wall Street analysts have been positive on Kraft Heinz (KHC) stock for a while, as the graph below shows. The primary reason behind Wall Street’s favorable outlook has been the company’s rich history of acquiring big brands. Wall Street expects Kraft Heinz to benefit from the consolidation in the food industry. Analysts expect Kraft Heinz will sooner or later announce a big acquisition that could accelerate its sales and earnings growth rate.