Barclays upgraded shares of Kerry Group (OTCMKTS:KRYAY – Free Report) from a hold rating to a strong-buy rating in a report released on Monday morning,Zacks.com reports.
Kerry Group Stock Down 1.7 %
OTCMKTS KRYAY opened at $90.37 on Monday. Kerry Group has a 12 month low of $78.97 and a 12 month high of $105.21. The company has a 50-day moving average of $99.97 and a 200-day moving average of $92.91.
Kerry Group Cuts Dividend
The company also recently announced a dividend, which was paid on Monday, November 18th. Stockholders of record on Friday, October 11th were paid a $0.4125 dividend. The ex-dividend date of this dividend was Friday, October 11th.
About Kerry Group
Kerry Group plc, together with its subsidiaries, provides taste and nutrition solutions. The company operates in two segments, Taste & Nutrition, and Dairy Ireland. The Taste & Nutrition segment offers taste and nutrition solutions for the food, beverage, and pharmaceutical markets. The Dairy Ireland segment provides value-add dairy ingredients and consumer products, including functional proteins and nutritional bases.
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