Kerry Group (OTCMKTS:KRYAY) Price Target Raised to €116.00

Kerry Group (OTCMKTS:KRYAYGet Rating) had its price target boosted by UBS Group from €110.00 ($113.40) to €116.00 ($119.59) in a report released on Tuesday, The Fly reports. The brokerage currently has a buy rating on the stock.

A number of other equities analysts have also recently weighed in on the stock. Credit Suisse Group decreased their price objective on shares of Kerry Group from €135.00 ($139.18) to €128.00 ($131.96) and set an outperform rating for the company in a research report on Wednesday, April 13th. Barclays increased their price target on shares of Kerry Group from £136 ($166.65) to £137 ($167.87) in a research report on Friday, April 29th. JPMorgan Chase & Co. reduced their price target on shares of Kerry Group from €150.00 ($154.64) to €135.00 ($139.18) in a research report on Monday, June 27th. Morgan Stanley reduced their price target on shares of Kerry Group from €127.00 ($130.93) to €122.00 ($125.77) and set an overweight rating on the stock in a research report on Monday, April 11th. Finally, Berenberg Bank reduced their price target on shares of Kerry Group from €135.00 ($139.18) to €124.00 ($127.84) and set a buy rating on the stock in a research report on Tuesday, July 19th. Six equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock currently has an average rating of Buy and an average target price of $2,388.17.

Kerry Group Stock Down 0.4 %

OTCMKTS:KRYAY opened at $106.21 on Tuesday. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.73 and a quick ratio of 1.13. The firm has a 50-day moving average of $99.31 and a two-hundred day moving average of $109.00. Kerry Group has a 1-year low of $92.32 and a 1-year high of $150.04.

Kerry Group Company Profile

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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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