Kerry Group plc (OTCMKTS:KRYAY – Get Rating) shares hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $90.37 and last traded at $91.37, with a volume of 64767 shares trading hands. The stock had previously closed at $93.78.
Wall Street Analysts Forecast Growth
Several analysts recently issued reports on the company. UBS Group lifted their target price on Kerry Group from €110.00 ($112.24) to €116.00 ($118.37) and gave the company a “buy” rating in a research note on Tuesday, August 2nd. JPMorgan Chase & Co. decreased their target price on Kerry Group from €150.00 ($153.06) to €135.00 ($137.76) in a research note on Monday, June 27th. Jefferies Financial Group assumed coverage on Kerry Group in a research note on Wednesday, September 14th. They set a “hold” rating on the stock. Finally, Berenberg Bank lifted their target price on Kerry Group from €124.00 ($126.53) to €128.00 ($130.61) in a research note on Thursday, August 4th. One analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, Kerry Group presently has an average rating of “Moderate Buy” and an average price target of $2,388.17.
Kerry Group Price Performance
The firm has a fifty day simple moving average of $102.79 and a two-hundred day simple moving average of $104.28. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.13 and a current ratio of 1.73.
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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