Zacks: Kerry Group PLC (KRYAY) Given Consensus Recommendation of “Strong Buy” by Analysts
Kerry Group PLC (NASDAQ:KRYAY) has been given an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy recommendation. Kerry Group PLC’s rating score has improved by 66.7% from 90 days ago as a result of various analysts’ upgrades and downgrades.
Analysts have set a 12 month consensus price target of $97.40 for the company, according to Zacks. Zacks has also given Kerry Group PLC an industry rank of 103 out of 265 based on the ratings given to related companies.
Separately, Zacks Investment Research cut shares of Kerry Group PLC from a “buy” rating to a “hold” rating in a report on Thursday, July 6th.
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Shares of Kerry Group PLC (KRYAY) traded up 1.58% during midday trading on Friday, reaching $101.58. 760 shares of the company traded hands. The company has a 50-day moving average of $98.33 and a 200 day moving average of $91.02. Kerry Group PLC has a 12-month low of $66.21 and a 12-month high of $101.88. The firm has a market capitalization of $17.89 billion and a PE ratio of 27.88.
About Kerry Group PLC
Kerry Group plc is a provider of taste and nutrition solutions. The Company serves the food, beverage and pharmaceutical industries, and is a supplier of branded and customer branded foods to the Irish, the United Kingdom and selected international markets. The Company operates through two segments: Taste & Nutrition, and Consumer Foods.
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