Kellogg Company (K) : The consensus on Kellogg Company (K) based on 14 analyst recommendation on the company stock is 3.14, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 1 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 9 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 2 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock. 1 analyst also believes that the downside risk to the stock is higher and suggests a Sell on Kellogg Company (K).
Kellogg Company (K) : Average target price received by Kellogg Company (K) is $76 with an expected standard deviation of $5.8. The most aggressive target on the stock is $85, whereas the most downbeat target is $70. 7 financial analysts are currently covering the stock.
Company shares have received an average consensus rating of Hold for the current week
Kellogg Company (NYSE:K): The stock opened at $81.66 on Tuesday but the bulls could not build on the opening and the stock topped out at $81.95 for the day. The stock traded down to $81.23 during the day, due to lack of any buying support eventually closed down at $81.52 with a loss of -0.21% for the day. The stock had closed at $81.69 on the previous day. The total traded volume was 1,949,358 shares.
Kellogg Company is a manufacturer and marketer of ready-to-eat cereal and convenience foods. The Companys principal products are ready-to-eat cereals and convenience foods, such as cookies, crackers, savory snacks, toaster pastries, cereal bars, fruit-flavored snacks, frozen waffles and veggie foods. The Companys cereal products are generally marketed under the Kelloggs name and are sold to the grocery trade through direct sales forces for resale to consumers. The Company also markets cookies, crackers, crisps and other convenience foods, under brands, such as Kelloggs, Keebler, Cheez-It, Murray, Austin and Famous Amos, to supermarkets in the United States through a direct store-door (DSD) delivery system, although other distribution methods are also used. The Company uses broker and distributor arrangements for certain products. It also uses similar arrangements, in less-developed market areas or in those market areas outside of its focus.