Kellogg Company with ticker code (K) have now 17 market analysts covering the stock. The analyst consensus now points to a rating of ‘Hold’. The range between the high target price and low target price is between 82 and 61 and has a mean target at $72.24. Given that the stocks previous close was at $68.38 this would imply there is now a potential upside of 5.6%. It’s also worth noting that there is a 50 day moving average of $66.60 and the 200 day MA is $70.85. The company has a market capitalization of $23,428m. You can visit the company’s website by visiting: https://www.kelloggcompany.com
The potential market cap would be $24,751m based on the market consensus.
Kellogg Company, together with its subsidiaries, manufactures and markets snacks and convenience foods. The company operates through four segments: North America, Europe, Latin America, and Asia Middle East Africa. Its principal products include crackers, crisps, savory snacks, toaster pastries, cereal bars, granola bars and bites, ready-to-eat cereals, frozen waffles, veggie foods, and noodles. The company offers its products under the Kellogg’s, Cheez-It, Pringles, Austin, Parati, RXBAR, Kashi, Bear Naked, Eggo, Morningstar Farms, Choco Krispies, Crunchy Nut, Nutri-Grain, Special K, Squares, Zucaritas, Sucrilhos, Pop-Tarts, K-Time, Sunibrite, Split Stix, Be Natural, LCMs, Coco Pops, Frosties, Krave, Rice Krispies Treats, Kashi Go, Crunchy Nut, Rice Krispies Squares, Incogmeato, Veggitizers, and Gardenburger brand names. It sells its products to retailers through direct sales forces, as well as brokers and distributors. Kellogg Company was founded in 1906 and is headquartered in Battle Creek, Michigan.
The company has a dividend yield of 3.45% with the ex dividend date set at 28-2-2023 (DMY).
Other points of data to note are a P/E ratio of 24.51, revenue per share of 44.83 and a 5.51% return on assets.
