Kraft Foods, Inc., together with its subsidiaries, engages in the manufacture and marketing of packaged foods and beverages worldwide. Its products include snacks, such as cookies, crackers, salted snacks, and chocolate confectionery; beverages comprising coffee, aseptic juice drinks, and powdered beverages; and natural, process, and cream cheeses. The company also offers grocery, including ready-to-eat cereals, enhancers, and desserts; and convenient meals, such as frozen pizza, packaged dinners, lunch combinations, and processed meats. Kraft Foods, Inc. distributes its products to supermarket chains, wholesalers, supercenters, club stores, mass merchandisers, distributors, convenience stores, gasoline stations, drug stores, value stores, and other retail food outlets. It markets its packaged foods and beverages primarily under the brand names of ‘Kraft’ cheeses, dinners, and dressings; ‘Oscar Mayer’ meats; ‘Philadelphia’ cream cheese; ‘Maxwell House’ coffee; ‘Nabisco’ cookies and crackers and its ‘Oreo’ brand; and ‘Jacobs’ coffees, ‘Milka’ chocolates, and ‘LU’ biscuits, as well as under approximately 50 additional brands. The company was founded in 2000 and is based in Northfield, Illinois. Kraft Foods Inc. (NYSE:KFT) operates independently of Altria Group Inc. as of March 30, 2007.
Analysts' Recommendation: | Hold |
| 30 Days Ago: | Hold |
|
| Analysts' Target: | $33 |
| Analysts' Targets |
| Deutsche Bank Securities | $32 |
| Neutral |
Thursday, January 31, 2008 |
| Lehman Brothers | $34 |
| Overweight |
| Friday, January 18, 2008 |
| Currency | US Dollars |
| Share Price | $29.75 |
| Change Today | -$0.25 |
| 52 Week High | $36.74 |
| 52 Week Low | $28.79 |
| Volume | 5,684,616 |
| Shares Issued | 1,604.11m |
| Market Cap | $47,722m |
| Beta | 0.60 |
| RiskGrade | 94 |
<!-- -- END secondColHolder ----> | Strong Buy | 1 |
| Buy | 2 |
| Neutral | 12 |
| Sell | 1 |
| Strong Sell | 0 |
| Total | 16 |
| 12:37 | 1 @ $29.75 ( green colour) |
| 12:37 | 3 @ $29.75 ( green colour) |
| 12:37 | 1 @ $29.75 ( green colour) |
| 12:37 | 1 @ $29.75 ( green colour) |
| 12:36 | 2 @ $29.75 ( green colour) |