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

Shares of Kerry Group PLC (OTCMKTS:KRYAY) have been given a consensus recommendation of “Moderate Buy” by the six brokerages that are covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company.

A number of analysts have recently issued reports on KRYAY shares. Sanford C. Bernstein started coverage on shares of Kerry Group in a report on Wednesday. They issued an “outperform” rating on the stock. Citigroup reissued a “neutral” rating on shares of Kerry Group in a report on Wednesday, July 1st.

Kerry Group Stock Performance

Shares of Kerry Group stock traded up $1.25 on Wednesday, hitting $94.94. The company had a trading volume of 702 shares, compared to its average volume of 31,291. The stock has a 50-day moving average of $89.30 and a 200-day moving average of $85.64. The company has a quick ratio of 1.10, a current ratio of 1.68 and a debt-to-equity ratio of 0.42. Kerry Group has a twelve month low of $74.48 and a twelve month high of $106.00.

About Kerry Group

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.