Kerry Group plc (OTCMKTS:KRYAY) Receives $3,517.50 Average PT from Brokerages

Shares of Kerry Group plc (OTCMKTS:KRYAYGet Rating) have received a consensus rating of “Buy” from the six ratings firms that are presently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation and four have assigned a buy recommendation to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $3,517.50.

KRYAY has been the subject of several analyst reports. UBS Group boosted their price target on Kerry Group from €115.00 ($122.34) to €120.00 ($127.66) and gave the company a “buy” rating in a report on Friday, April 29th. Morgan Stanley dropped their price objective on shares of Kerry Group from €127.00 ($135.11) to €122.00 ($129.79) and set an “overweight” rating on the stock in a research note on Monday, April 11th. Barclays raised their target price on shares of Kerry Group from £136 ($171.13) to £137 ($172.39) in a report on Friday, April 29th. Finally, Credit Suisse Group reduced their price target on shares of Kerry Group from €135.00 ($143.62) to €128.00 ($136.17) and set an “outperform” rating for the company in a research report on Wednesday, April 13th.

Shares of KRYAY stock opened at $105.05 on Friday. The company has a quick ratio of 1.13, a current ratio of 1.73 and a debt-to-equity ratio of 0.56. Kerry Group has a 1 year low of $98.37 and a 1 year high of $153.37. The stock’s 50-day moving average is $110.21 and its two-hundred day moving average is $119.71.

The firm also recently disclosed a dividend, which was paid on Monday, May 16th. Stockholders of record on Friday, April 8th were given a $0.716 dividend. This represents a dividend yield of 0.89%. The ex-dividend date of this dividend was Thursday, April 7th.

About Kerry Group (Get Rating)

Kerry Group plc, together with its subsidiaries, develops, manufactures, and delivers taste and nutrition solutions for the food, beverage, and pharmaceutical industries in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates in two segments, Taste & Nutrition and Consumer Foods.

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Analyst Recommendations for Kerry Group (OTCMKTS:KRYAY)

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