Unilever to conduct review of strategic options

Kraft Heinz withdraws $143B bid to buy Unilever

Both sides came out and said that talks had ended "amicably", but the nature of Unilever's two statements today would suggest it is still wary of the U.S. food group coming back for another bite of the cherry.

Shares in the company went up four per cent following the announcement.

Presently General Motors Company (NYSE:GM) stock have an ABR of 2.36. 14 Analysts think that the Price Target for The Kraft Heinz Company (NASDAQ:KHC) might hit $90.29, however, the High Price Target and Low price Target are $100 and $80, respectively. The Kraft Heinz Company had a net margin of 10.44% and a return on equity of 6.40%. The Kraft Heinz Company has a 1-year low of $71.82 and a 1-year high of $97.77.

Shares in Unilever, which owns household staples Marmite, Mr Kipling and Hellman's, shot up 15 per cent last Friday when Kraft announced it had approached the British firm.


According to Financial Times, The 30 analysts offering 12 month price targets for JPMorgan Chase & Co. have a median target of 93.50, with a high estimate of 108.00 and a low estimate of 50.00.

Popeye's approximately 2,600 locations and $3 billion in system-wide sales compares to nearly 16,000 and $18 billion for Burger King and 4,500 and $6.5 billion for Tim Horton's. Comerica Bank's holdings in The Kraft Heinz Company were worth $23,351,000 as of its most recent filing with the SEC. Out of 0 brokerage recommendations, 0 gave a Strong Buy, 0 issued a Buy, 0 issued Hold, 0 rated Under-perform and 0 issued a Sell.

Price Target plays a critical role when it comes to the Analysis of a Stock. The median estimate represents a 3.30% increase from the last price of 94.87. Colgate-Palmolive, with its a market capitalization of only about $68 billion, would be "more acquirable." . The score shows the rating on a scale of 1 to 5, where 1=strong buy and 5=strong sell. For the past 5 years, the company's revenue has grown -1.8%, while the company's earnings per share has grown 6.7%.

Unilever started a strategic review of its operations and boosted its profitability forecast, taking steps to speed up shareholder returns after Kraft Heinz's failed $143 billion takeover proposal. The year ago sales the company reported in the same quarter is 4.75 Billion.

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