Kerry Group plc (OTCMKTS:KRYAY) Receives Average Recommendation of “Buy” from Brokerages

Kerry Group plc (OTCMKTS:KRYAYGet Rating) has received an average rating of “Buy” from the six analysts that are presently covering the stock, Marketbeat.com reports. Three research analysts have rated the stock with a buy rating. The average 1-year price objective among analysts that have covered the stock in the last year is $2,388.17.

Several equities research analysts recently commented on KRYAY shares. Berenberg Bank boosted their price objective on shares of Kerry Group from €124.00 ($126.53) to €128.00 ($130.61) in a research report on Thursday, August 4th. UBS Group increased their price objective on Kerry Group from €110.00 ($112.24) to €116.00 ($118.37) and gave the stock a “buy” rating in a report on Tuesday, August 2nd. Finally, JPMorgan Chase & Co. dropped their target price on Kerry Group from €150.00 ($153.06) to €135.00 ($137.76) in a research report on Monday, June 27th.

Kerry Group Price Performance

Shares of KRYAY stock opened at $100.25 on Wednesday. Kerry Group has a 52 week low of $92.32 and a 52 week high of $150.04. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.13 and a current ratio of 1.73. The company’s 50 day moving average price is $102.44 and its two-hundred day moving average price is $106.62.

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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