Kerry Group plc (OTCMKTS:KRYAY) Given Consensus Recommendation of “Buy” by Analysts
Kerry Group plc (OTCMKTS:KRYAY) has earned an average rating of “Buy” from the ten ratings firms that are presently covering the stock, MarketBeat Ratings reports. Ten research analysts have rated the stock with a buy rating. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $147.00.
A number of equities analysts recently commented on KRYAY shares. Berenberg Bank reiterated a “buy” rating on shares of Kerry Group in a research report on Tuesday. UBS Group reiterated a “buy” rating on shares of Kerry Group in a research report on Friday. JPMorgan Chase & Co. upgraded shares of Kerry Group from a “neutral” rating to an “overweight” rating in a research report on Monday, March 8th. Barclays restated an “overweight” rating on shares of Kerry Group in a research report on Friday. Finally, Credit Suisse Group restated an “outperform” rating on shares of Kerry Group in a research report on Wednesday, February 17th.
OTCMKTS:KRYAY traded up $0.38 during trading hours on Tuesday, reaching $131.82. The company’s stock had a trading volume of 3,746 shares, compared to its average volume of 9,240. The firm has a market capitalization of $23.30 billion, a price-to-earnings ratio of 29.89 and a beta of 0.66. The firm has a 50-day simple moving average of $129.71 and a 200-day simple moving average of $135.57. Kerry Group has a 1 year low of $106.02 and a 1 year high of $152.75. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.05 and a current ratio of 1.65.
Kerry Group Company Profile
Kerry Group plc, together with its subsidiaries, develops, manufactures, and delivers taste and nutrition solutions for the food, beverage, and pharmaceutical industries in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates in two segments, Taste & Nutrition and Consumer Foods.
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