WK Kellogg (KLG) Stock Forecast & Price Target

$17.33

-0.16 (-0.91%)

(As of 07/26/2024 ET)

WK Kellogg - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Reduce
Based on 10 Analyst Ratings

Based on 10 Wall Street analysts who have issued ratings for WK Kellogg in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 10 analysts, 4 have given a sell rating, and 6 have given a hold rating for KLG.

Consensus Price Target

$16.80
-3.06% Downside

High Forecast	$24.00
Average Forecast	$16.80
Low Forecast	$11.00

According to the 10 analysts' twelve-month price targets for WK Kellogg, the average price target is $16.80. The highest price target for KLG is $24.00, while the lowest price target for KLG is $11.00. The average price target represents a forecasted downside of -3.06% from the current price of $17.33.

Type	Current Forecast 7/28/23 to 7/27/24	1 Month Ago 6/28/23 to 6/27/24	3 Months Ago 4/29/23 to 4/28/24	1 Year Ago 7/28/22 to 7/28/23
Consensus Rating	Reduce	Reduce	Reduce	N/A
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	N/A
Buy	0 Buy rating(s)	0 Buy rating(s)	0 Buy rating(s)	N/A
Hold	6 Hold rating(s)	7 Hold rating(s)	8 Hold rating(s)	N/A
Sell	4 Sell rating(s)	3 Sell rating(s)	2 Sell rating(s)	N/A
Consensus Price Target	$16.80	$16.95	$13.45	N/A
Forecasted Upside	-3.06% Downside	-8.73% Downside	-5.62% Downside	N/A

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KLG Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

KLG Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

WK Kellogg Stock vs. The Competition

Type	WK Kellogg	Consumer Staples Companies	S&P 500
Consensus Rating Score	1.60	2.44	2.50
Consensus Rating	Reduce	Hold	Moderate Buy
Predicted Upside	-3.06% Downside	695.72% Upside	9.09% Upside
News Sentiment Rating	Neutral News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
7/23/2024	Stifel Nicolaus 4 of 5 stars		Lower Target	Hold ➝ Hold	$22.00 ➝ $18.00	+11.11%
7/19/2024	Barclays 2 of 5 stars		Lower Target	Underweight ➝ Underweight	$19.00 ➝ $16.00	+0.57%
7/10/2024	Bank of America 4 of 5 stars		Downgrade	Neutral ➝ Underperform	$24.00 ➝ $17.00	+5.46%
5/8/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$13.00 ➝ $24.00	+7.58%
5/8/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	In-Line ➝ In-Line	$21.00 ➝ $23.00
5/8/2024	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Gumport Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Neutral ➝ Underperform	$20.00	-17.59%
12/14/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Equal Weight	$13.00	+1.88%
11/2/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral	$11.00	+9.56%
10/3/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Sell	$11.00	+110,000,000.00%
10/2/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Hold	$15.00	+150,000,000.00%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 06:10 AM ET.

KLG Forecast - Frequently Asked Questions

What is WK Kellogg's forecast for 2024?: According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for WK Kellogg is $16.80, with a high forecast of $24.00 and a low forecast of $11.00.
Should I buy or sell WK Kellogg stock right now?: 10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for WK Kellogg in the last twelve months. There are currently 4 sell ratings and 6 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "reduce" KLG shares.
Does WK Kellogg's stock price have much downside?: According to analysts, WK Kellogg's stock has a predicted downside of -4.42% based on their 12-month stock forecasts.
Has WK Kellogg been downgraded by Wall Street analysts recently?: Over the previous 90 days, WK Kellogg's stock had 2 downgrades by analysts.
What analysts cover WK Kellogg?: WK Kellogg has been rated by research analysts at Bank of America, Barclays, BNP Paribas, Evercore ISI, Stifel Nicolaus, and TD Cowen in the past 90 days.
Do Wall Street analysts like WK Kellogg more than its competitors?: Analysts like WK Kellogg less than other "consumer staples" companies. The consensus rating for WK Kellogg is Reduce while the average consensus rating for "consumer staples" companies is Hold. Learn more on how KLG compares to other companies.