Barclays began coverage on shares of Kerry Group (LON:KYGA) in a research note issued to investors on Tuesday. The firm issued an equal weight rating and a GBX 100 ($1.31) price objective on the stock.
Kerry Group stock opened at GBX 9,615 ($125.64) on Tuesday. The company has a quick ratio of 0.84, a current ratio of 1.38 and a debt-to-equity ratio of 53.02. The company has a market cap of $16.95 billion and a P/E ratio of 3,145.24. Kerry Group has a one year low of GBX 96.30 ($1.26) and a one year high of GBX 9,945 ($129.95).
The business also recently announced a dividend, which will be paid on Friday, May 10th. Investors of record on Thursday, April 11th will be given a dividend of €0.49 ($0.57) per share. This represents a dividend yield of 0.55%. The ex-dividend date of this dividend is Thursday, April 11th. This is an increase from Kerry Group’s previous dividend of $0.21. Kerry Group’s dividend payout ratio (DPR) is 22.90%.
Kerry Group Company Profile
Kerry Group plc, together with its subsidiaries, develops, manufactures, and delivers technology based 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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