Kellogg Company – Consensus Indicates Potential -.5% Downside

Broker Ratings
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Kellogg Company with ticker code (K) now have 20 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 76 and 55 and has a mean target at 67.95. With the stocks previous close at 68.3 this now indicates there is a potential downside of -.5%. The 50 day MA is 64.24 and the 200 moving average now moves to 63.81. The market capitalisation for the company is $23,404m. You can visit the company’s website by visiting: https://www.kelloggcompany.com

The potential market cap would be $23,284m 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.

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