Kerry Group PLC (KRYAY) Downgraded by Zacks Investment Research to “Hold”

Kerry Group PLC (NASDAQ:KRYAY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report issued on Wednesday.

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. “

Shares of Kerry Group PLC (NASDAQ:KRYAY) opened at 99.55 on Wednesday. The stock has a 50 day moving average price of $97.20 and a 200 day moving average price of $90.05. The firm has a market cap of $17.53 billion and a PE ratio of 27.32. Kerry Group PLC has a 12 month low of $66.21 and a 12 month high of $101.88.

COPYRIGHT VIOLATION NOTICE: “Kerry Group PLC (KRYAY) Downgraded by Zacks Investment Research to “Hold”” was reported by The Ledger G

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. “

Shares of Kerry Group PLC (NASDAQ:KRYAY) opened at 99.55 on Wednesday. The stock has a 50 day moving average price of $97.20 and a 200 day moving average price of $90.05. The firm has a market cap of $17.53 billion and a PE ratio of 27.32. Kerry Group PLC has a 12 month low of $66.21 and a 12 month high of $101.88.

COPYRIGHT VIOLATION NOTICE: “Kerry Group PLC (KRYAY) Downgraded by Zacks Investment Research to “Hold”” was reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this story on another website, it was illegally stolen and republished in violation of US and international trademark & copyright laws. The correct version of this story can be read at https://ledgergazette.com/2017/10/11/kerry-group-plc-kryay-downgraded-by-zacks-investment-research-to-hold.html.

Kerry Group PLC Company Profile

Kerry Group plc is a provider of taste and nutrition solutions. The Company serves the food, beverage and pharmaceutical industries, and is a supplier of branded and customer branded foods to the Irish, the United Kingdom and selected international markets. The Company operates through two segments: Taste & Nutrition, and Consumer Foods.

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