Zacks Investment Research upgraded shares of Kerry Group PLC (NASDAQ:KRYAY) from a sell rating to a hold rating in a report published on Wednesday morning.

According to Zacks, “Kerry Group plc provides food ingredients and flavors for the food and beverage industries. Its culinary, dairy, lipid, meat, cereal, sweet and beverage systems and flavors provide product solutions to food manufacturers and foodservice companies. It offers savory ingredients, sweet ingredients, food coating systems, nutritional systems, and specialty protein applications. It also provides prepared meals, soups sauces and dressings, savory snacks, meats, appetizers and side dishes, and dairy products, as well as cereals and bars, ice cream and frozen desserts, bakery products, and confectionery products. In addition, it provides beverage systems and flavors, including soft drinks, alcoholic and nutritional beverages, and tea and coffee products comprising cold/iced tea, cold coffee drinks, hot coffee and tea, tea and coffee mixes, chocolate, cocoa and malt beverages, coffee syrups, and cleaners. Kerry Group plc is headquartered in Tralee, Ireland. “

Separately, Liberum Capital reaffirmed a buy rating and issued a $92.00 price objective on shares of Kerry Group PLC in a report on Thursday, October 13th.

Kerry Group PLC (NASDAQ:KRYAY) opened at 70.19 on Wednesday. The firm has a market capitalization of $12.35 billion and a PE ratio of 22.91. The stock’s 50 day moving average is $76.27 and its 200-day moving average is $85.17. Kerry Group PLC has a 1-year low of $66.21 and a 1-year high of $98.16.

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Kerry Group PLC Company Profile

Kerry Group plc is an international food corporation. The Company is engaged in ingredients and flavor technologies serving the food, beverage and pharmaceutical industries and is also a consumer foods processor and supplier in selected European Union (EU) markets. Its consumer foods division, Kerry Foods, is also a consumer foods processor and supplier in selected EU markets.

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