Kerry Group PLC (OTCMKTS:KRYAY) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Kerry Group PLC (OTCMKTS:KRYAY) have earned an average rating of “Moderate Buy” from the six research firms that are covering the stock, Marketbeat reports. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company.

A number of research analysts recently issued reports on the stock. Citigroup reiterated a “neutral” rating on shares of Kerry Group in a report on Wednesday, July 1st. Sanford C. Bernstein initiated coverage on shares of Kerry Group in a research note on Wednesday. They issued an “outperform” rating for the company.

Kerry Group Trading Up 1.3%

Shares of OTCMKTS:KRYAY traded up $1.25 during trading on Wednesday, hitting $94.94. 702 shares of the company were exchanged, compared to its average volume of 31,291. 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 1-year low of $74.48 and a 1-year high of $106.00. The business’s 50 day moving average is $89.30 and its 200-day moving average is $85.64.

Kerry Group Company Profile

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.