Kerry Group PLC (OTCMKTS:KRYAY) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Kerry Group PLC (OTCMKTS:KRYAY) have earned a consensus rating of “Moderate Buy” from the six ratings firms that are currently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company.

KRYAY has been the topic of a number of analyst reports. Sanford C. Bernstein began coverage on Kerry Group in a research report on Wednesday. They set an “outperform” rating on the stock. Citigroup restated a “neutral” rating on shares of Kerry Group in a report on Wednesday, July 1st.

Kerry Group Trading Up 2.3%

OTCMKTS KRYAY opened at $92.79 on Wednesday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.10 and a current ratio of 1.68. The stock’s 50 day simple moving average is $89.77 and its 200-day simple moving average is $85.72. Kerry Group has a 1-year low of $74.48 and a 1-year high of $104.97.

Kerry Group Company Profile

Kerry Group (OTCMKTS:KRYAY) is a global leader in taste and nutrition solutions for the food, beverage and pharmaceutical industries. The company develops, manufactures and supplies a broad portfolio of ingredients, flavors and integrated solutions designed to enhance taste, improve health and simplify production processes. Kerry’s offerings span across dairy-based ingredients, flavors, texturizers, enzymes, probiotics and nutritional premixes, serving both industrial customers and consumer food brands.

Through its Taste & Nutrition division, Kerry provides customized flavor systems, savory and sweet taste platforms, and nutritional ingredients for applications such as snacks, bakery, dairy, beverages and meat alternatives.