Stifel Nicolaus analyst Matthew Smith, CFA maintained a Hold rating on WK Kellogg Co (KLG – Research Report) today and set a price target of $13.00. The company’s shares closed yesterday at $13.63.
According to TipRanks, Smith, CFA is a 4-star analyst with an average return of 8.7% and a 61.70% success rate. Smith, CFA covers the Consumer Defensive sector, focusing on stocks such as Post Holdings, BellRing Brands, and Altria Group.
The word on The Street in general, suggests a Hold analyst consensus rating for WK Kellogg Co with a $13.25 average price target, which is a -2.79% downside from current levels. In a report released today, TD Cowen also maintained a Hold rating on the stock with a $13.00 price target.
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The company has a one-year high of $20.70 and a one-year low of $9.52. Currently, WK Kellogg Co has an average volume of 1.14M.
Based on the recent corporate insider activity of 22 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of KLG in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
WK Kellogg Co (KLG) Company Description:
WK Kellogg Co is a leading food company in the U.S., Canada, and Caribbean with a deep heritage of innovation and operational success, supported by its portfolio of trusted, beloved brands, includingKellogg¿s,Frosted Flakes,Froot Loops,Mini-Wheats,Special K,Raisin Bran,Rice Krispies,Corn Flakes,Kashi, andBear Naked, that have delighted consumers for more than a century.
Read More on KLG:
- Kellogg Enhances Executive Compensation and Severance Plans
- WK Kellogg Co Announces Strong Fourth Quarter and Full Year 2023 Financial Results, and increased 2024 EBITDA Guidance
- Notable companies reporting before tomorrow’s open
- KLG Upcoming Earnings Report: What to Expect?
- WK Kellogg Co Declares Quarterly Dividend of $0.16 per Share
