Kellanova with ticker code (K) now have 9 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $17.25 and $13.74 and has a mean share price target at $15.21. (at the time of writing). Given that the stocks previous close was at $74.88 this is indicating there is a potential downside of -79.7%. The 50 day MA is $60.01 and the 200 moving average now moves to $56.67. The company has a market cap of 25.33B. The price for the stock stands currently at: $73.99 USD
The potential market cap would be $5,144,320,896 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 29.48, revenue per share of $37.48 and a 5.7% return on assets.
Kellogg Company is a United States-based company which is engaged in manufacturing and marketing of snacks and convenience foods. The Company’s segments include North America, Europe, Latin America, and AMEA (Asia Middle East Africa). Its principal products are snacks, which includes crackers, savory snacks, toaster pastries, cereal bars, granola bars and bites, and convenience foods, which include ready-to-eat cereals, frozen waffles, veggie foods and noodles. The Company’s snacks brands are marketed under brands, such as Kellogg’s, Cheez-It, Pringles, Austin, Parati and RXBAR. Its cereals and cereal bars are generally marketed under Kellogg’s name, with some under the Kashi & Bear Naked brands. The Company’s frozen foods are marketed under the Eggo and Morningstar Farms brands. It uses broker and distributor arrangements for certain products and channels, as well as in certain geographies. The Company has manufactured in over 21 countries and marketed in approximately 180 countries.
