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KHC

Kraft Heinz

$90.83

-1.74 (-1.88%)

, UN

Unilever; also tag UL

$55.53

-0.6 (-1.07%)

11:39
06/12/17
06/12
11:39
06/12/17
11:39

S&P sees 'growing appetite for mergers' from Kraft Heinz

S&P in a report today examined Kraft Heinz's (KHC) "growing appetite for mergers and acquisitions." The failed bid for Unilever (UN, UL) "demonstrated Kraft Heinz's growing risk appetite, scale ambitions, and financial muscles," S&P said in its report. "This is not the last M&A play we are likely to see from Kraft Heinz," said S&P Global Ratings analyst Bea Chiem. "Consequently, the most frequent questions we receive concerning the U.S. packaged food sector concern Kraft Heinz."

KHC

Kraft Heinz

$90.83

-1.74 (-1.88%)

UN

Unilever; also tag UL

$55.53

-0.6 (-1.07%)

UL

Unilever; also tag UN

$54.45

-0.45 (-0.82%)

KHC Kraft Heinz
$90.83

-1.74 (-1.88%)

05/02/17
MAXM
05/02/17
NO CHANGE
Target $74
MAXM
Buy
M&A 'increasingly likely' for Bob Evans with spinoff done, says Maxim
Maxim analyst Stephen Anderson raised his price target on Bob Evans to $74 from $65, as he believes the stand-alone BEF Foods business has become more valuable for a potential acquirer with the sale of the Bob Evans Restaurant business to Golden Gate Capital now completed. Anderson, who sees Hormel (HRL) as the most likely acquirer for the BEF Foods business, also views Kraft Heinz (KHC) and Post Holdings (POST) as other potential suitors. He keeps a Buy rating on Bob Evans shares.
05/24/17
PIPR
05/24/17
INITIATION
PIPR
Neutral
Kraft Heinz initiated with a Neutral at Piper Jaffray
Piper Jaffray analyst Michael Lavery initiated Kraft Heinz with a Neutral rating and $94 price target, expecting Kraft Heinz will pursue further consolidation, with Kellogg (K) and PepsiCo (PEP) looking like the best fit of the company's stated M&A criteria.
06/07/17
BREN
06/07/17
INITIATION
Target $102
BREN
Buy
Kraft Heinz initiated with a Buy at Berenberg
Berenberg analyst James Targett started Kraft Heinz with a Buy rating and $102 price target.
06/07/17
06/07/17
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Kraft Heinz (KHC) initiated with a Buy at Berenberg. 2. NICE Systems (NICE) initiated with a Neutral at Citi. 3. Exxon Mobil (XOM) initiated with a Long-Term Buy at Hilliard Lyons. 4. ASV Holdings (ASV) was initiated with a Buy at Roth Capital and Seaport Global. 5. Check Point (CHKP), Imperva (IMPV), and Proofpoint (PFPT) were initiated with a Positive at Susquehanna. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
UN Unilever; also tag UL
$55.53

-0.6 (-1.07%)

03/24/17
LEHM
03/24/17
UPGRADE
LEHM
Overweight
Unilever upgraded to Overweight from Equal Weight at Barclays
Barclays analyst Alex Smith upgraded Unilever to Overweight saying the company is among the best positioned staples companies to benefit from" emerging market category development." The analyst also expects Unilever to expand its ZBB initiatives to more mature categories, leading to higher margin guidance. Smith raised his price target for the shares to EUR 50.40.
03/31/17
ABNA
03/31/17
DOWNGRADE
ABNA
Sell
Unilever downgraded to Sell from Hold at ABN Amro
04/12/17
SUSQ
04/12/17
UPGRADE
Target $132
SUSQ
Positive
PepsiCo upgraded to Positive on M&A potential at Susquehanna
As previously reported, Susquehanna analyst Pablo Zuanic upgraded PepsiCo to Positive from Neutral. He believes Kraft Heinz (KHC) needs to a do another deal following its failed acquisition of Unilever (UL) and feels Pepsi and Mondelez (MDLZ) are the two most likely candidates. Zuanic raised his price target to $132 form $118 on PepsiCo shares.
05/17/17
JEFF
05/17/17
NO CHANGE
JEFF
Jefferies sees Unilever as interested if Colgate is for sale
After the New York Post reported that Colgate (CL) may be willing to sell for $100 per share, Jefferies analyst Martin Deboo says he'd expect Unilever (UN, UL) to be an interested party. The analyst notes he's argued for some time that Unilever should create a "New World Order" in Household & Personal Care by acquiring Colgate. Such a deal would support his bullish thesis on Unilever shares.
UL Unilever; also tag UN
$54.45

-0.45 (-0.82%)

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$47.70

-0.87 (-1.79%)

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CPN

Calpine

$13.50

-0.42 (-3.02%)

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CPN

Calpine

$13.50

-0.42 (-3.02%)

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EL

Estee Lauder

$98.32

-2.75 (-2.72%)

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Earnings
Estee Lauder sees FY18 revenue growth 7%-8%, consensus $12.6B »

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  • 18

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CPN

Calpine

$13.50

-0.42 (-3.02%)

06:45
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EL

Estee Lauder

$98.32

-2.75 (-2.72%)

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Earnings
Estee Lauder reports Q4 adjusted EPS 51c, consensus 43c »

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KO

Coca-Cola

$45.86

-0.34 (-0.74%)

, PEP

PepsiCo

$118.39

-0.71 (-0.60%)

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Coca-Cola

$45.86

-0.34 (-0.74%)

PEP

PepsiCo

$118.39

-0.71 (-0.60%)

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  • 16

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URI

United Rentals

$111.82

-0.15 (-0.13%)

06:42
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  • 22

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DE

Deere

$123.98

-2.65 (-2.09%)

06:40
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Earnings
Deere raises FY17 net sales and revenue guidance to up 11% from up 9% »

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PNM

PNM Resources

$41.70

-0.3 (-0.71%)

06:39
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CVX

Chevron

$105.92

-0.92 (-0.86%)

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LB

L Brands

$37.55

-1.4 (-3.59%)

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DE

Deere

$123.98

-2.65 (-2.09%)

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HSY

Hershey

$107.85

1.81 (1.71%)

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HIBB

Hibbett Sports

$11.50

-0.3 (-2.54%)

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RAVN

Raven

$33.45

-0.975 (-2.83%)

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PACW

PacWest Bancorp

$44.13

-1.63 (-3.56%)

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CATY

Cathay General

$34.97

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