Kellogg Company with ticker code (K) have now 17 analysts in total covering the stock. The consensus rating is pointing to ‘Hold’. The range between the high target price and low target price is between 82 and 62 with the average target price sitting at $72.29. Given that the stocks previous close was at $67.35 this indicates there is a potential upside of 7.3%. The 50 day moving average now sits at $66.53 and the 200 day MA is $70.75. The company has a market cap of $22,993m. Company Website: https://www.kelloggcompany.com
The potential market cap would be $24,680m 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 3.5% with the ex dividend date set at 28-2-2023 (DMY).
Other points of data to note are a P/E ratio of 24.05, revenue per share of 44.83 and a 5.51% return on assets.
