Kerry Group (OTCMKTS:KRYAY) Reaches New 52-Week Low at $92.32

Kerry Group plc (OTCMKTS:KRYAYGet Rating) shares hit a new 52-week low during trading on Thursday . The company traded as low as $92.32 and last traded at $93.61, with a volume of 15367 shares changing hands. The stock had previously closed at $94.35.

A number of research analysts recently commented on the stock. Barclays upped their price target on shares of Kerry Group from £136 ($166.59) to £137 ($167.81) in a research note on Friday, April 29th. UBS Group boosted their price objective on shares of Kerry Group from €115.00 ($121.05) to €120.00 ($126.32) and gave the company a “buy” rating in a report on Friday, April 29th. Morgan Stanley cut their price objective on shares of Kerry Group from €127.00 ($133.68) to €122.00 ($128.42) and set an “overweight” rating for the company in a report on Monday, April 11th. Finally, Credit Suisse Group cut their price objective on shares of Kerry Group from €135.00 ($142.11) to €128.00 ($134.74) and set an “outperform” rating for the company in a report on Wednesday, April 13th. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $3,517.50.

The stock’s fifty day moving average price is $103.92 and its two-hundred day moving average price is $115.47. 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 was paid on Monday, May 16th. Stockholders of record on Friday, April 8th were issued a dividend of $0.716 per share. This represents a dividend yield of 0.89%. The ex-dividend date was Thursday, April 7th.

About Kerry Group (OTCMKTS:KRYAY)

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.

Featured Stories

Receive News & Ratings for Kerry Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kerry Group and related companies with MarketBeat.com's FREE daily email newsletter.