Impact of Brokerage Rating on Kellogg Company(K)

Many Kellogg Company(K) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Kellogg Company was Downgraded by Credit Suisse to Neutral on Dec 7, 2016.

Company has reported several Insider transactions to the SEC, on Nov 10, 2016, John A Bryant (director officer 10% owner (Chairman, Pres. & CEO) sold 93,221 shares at 77.07 per share price.On Nov 3, 2016, Paul T Norman (Senior Vice President) sold 5,420 shares at 74.89 per share price.On Nov 3, 2016, Gary H Pilnick (Vice Chairman, Corp Dev & CLO) sold 5,036 shares at 74.89 per share price.

Kellogg Company Last issued its quarterly earnings results on Feb 9, 2017. The company reported $0.92 EPS for the quarter, beating the analyst consensus estimate by $ 0.07. Analyst had a consensus of $0.85. The company had revenue of $3097.00 million for the quarter, compared to analysts expectations of $3079.70 million. The companys revenue was down -1.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.79 EPS.

Kellogg Company (NYSE:K) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 3.36 by 11 Brokerage Firm. 1 stock experts have also suggested a buy rating. 7 Brokerage Firms have advised hold. 2 Analysts have rated it as strong sell. A sell rating was given by 1 analyst.

Kellogg Company (NYSE:K): The mean estimate for the short term price target for Kellogg Company (NYSE:K) stands at $81.56 according to 9 Analysts. The higher price target estimate for the stock has been calculated at $88 while the lower price target estimate is at $75.

Kellogg Company (NYSE:K) rose 0.4% or 0.3 points on Tuesday and made its way into the gainers of the day. After trading began at $75.5 the stock was seen hitting $76.15 as a peak level and $75.25 as the lowest level. The stock ended up at $75.92. The daily volume was measured at 1,871,737 shares. The 52-week high of the share price is $87.16 and the 52-week low is $70.735. The company has a market cap of $26,641 million.

Kellogg Company is the worlds leading producer of cereal and a leading producer of convenience foods, including cookies, crackers, toaster pastries, cereal bars, frozen waffles, meat alternatives, pie crusts, and ice cream cones. The companys brands include Kelloggs, Keebler, Pop-Tarts, Eggo, Cheez-It, Nutri-Grain, Rice Krispies, Murray, Austin, Morningstar Farms, Famous Amos, Carrs, Plantation, Ready Crust, and Kashi. Kellogg products are manufactured in 19 countries and marketed in more than 160 countries around the world.

Kellogg

For any feedback and suggestions contact author at Steve.Addrisi@thefoundersdaily.com

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