Kellogg Company with ticker code (K) have now 20 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 83 and 55 with the average target price sitting at 71.65. Given that the stocks previous close was at 68.34 this would indicate that there is a potential upside of 4.8%. The 50 day MA is 69.26 and the 200 moving average now moves to 64.91. The company has a market cap of $22,908m. You can visit the company’s website by visiting: https://www.kelloggcompany.com
The potential market cap would be $24,017m based on the market concensus.
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, Rice Krispies Squares, Kashi Go, Vector, Incogmeato, Veggitizers, and Gardenburger brand names. It sells its products to retailers through direct sales forces, as well as brokers and distributors. The company was founded in 1906 and is headquartered in Battle Creek, Michigan.