UBS Group Increases Kerry Group (OTCMKTS:KRYAY) Price Target to €120.00

Kerry Group (OTCMKTS:KRYAY – Get Rating) had its price objective raised by UBS Group from €115.00 ($123.66) to €120.00 ($129.03) in a report issued on Friday, The Fly reports. The firm currently has a buy rating on the stock.

KRYAY has been the subject of several other research reports. Morgan Stanley decreased their price target on Kerry Group from €127.00 ($136.56) to €122.00 ($131.18) and set an overweight rating for the company in a report on Monday, April 11th. Barclays upped their price objective on Kerry Group from €135.00 ($145.16) to €136.00 ($146.24) and gave the company an overweight rating in a research note on Thursday, February 17th. Finally, Credit Suisse Group reduced their price objective on Kerry Group from €135.00 ($145.16) to €128.00 ($137.63) and set an outperform rating for the company in a research note on Wednesday, April 13th. One analyst has rated the stock with a sell rating and six have given a buy rating to the company’s stock. According to MarketBeat, Kerry Group presently has a consensus rating of Buy and an average price target of $2,843.40.

Shares of Kerry Group stock opened at $111.27 on Friday. The stock has a fifty day simple moving average of $112.38 and a 200 day simple moving average of $123.22. Kerry Group has a 12-month low of $101.55 and a 12-month high of $153.37. The company has a current ratio of 1.73, a quick ratio of 1.13 and a debt-to-equity ratio of 0.56.

The company also recently declared a dividend, which will be paid on Monday, May 16th. Stockholders of record on Friday, April 8th will be given a dividend of $0.716 per share. The ex-dividend date is Thursday, April 7th. This represents a dividend yield of 0.89%.

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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