Kellogg Co (NYSE: K) stock closed at $73.20 on 8/5/24 after a major increase of 16.2%. Moreover, exceptionally high trading volume at 659% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 27.4% during the last week.
Current PriceTarget Research Rating
K’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Kellogg has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Kellogg has a poor Appreciation Score of 18 but a neutral Power Rating of 57, resulting in the Negative Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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