Kellogg Company (NYSE:K) traded at a new 52-week high today of $76.45. So far today approximately 1.4 million shares have been exchanged, as compared to an average 30-day volume of 2.6 million shares.
Kellogg Company (NYSE:K) is currently priced 4.5% above its average consensus analyst price target of $71.45.
Over the past year, Kellogg Company has traded in a range of $59.54 to $76.45 and is now at $74.85, 26% above that low.
Founded in 1906, Kellogg is a leading global manufacturer and marketer of cereal, cookies, crackers, and other packaged foods. Its offerings are manufactured in 21 countries and marketed in more than 180 countries. Its product mix includes well-known brands such as Special K, Frosted Flakes, Froot Loops, Rice Krispies, Pop-Tarts, Eggo, Kashi, and Morningstar Farms. The firm added the Pringles brand to its mix in 2012. Sales outside its home turf account for around 40% of Kellogg’s consolidated sales base. The firm intends to split its global snacking arm from its North American cereal and plant-based alternative segments by the end of calendar 2023.
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