Kellogg Company – Consensus ‘hold’ rating and 16.8% Upside Potential

Broker Ratings
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Kellogg Company with ticker code (K) have now 16 confirmed analysts covering the stock with the consensus suggesting a rating of ‘hold’. The target price High/Low ranges between 82 and 64 calculating the average target price we see $71.69. Now with the previous closing price of $61.37 this is indicating there is a potential upside of 16.8%. There is a 50 day moving average of $65.36 and the 200 day moving average is $67.89. The total market capitalization for the company now stands at 21.08B. The stock price for the company is currently is currently 61.49 USD

The potential market cap would be $24,620,370,693 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 24.6, revenue per share of 46.33 and a 5.08% 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.

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