- Kellanova (K, Financial) is in the late stages of acquisition by Mars, awaiting only European Commission approval.
- Analysts set a one-year average price target of $82.45, indicating a potential upside of 5.91%.
- GuruFocus estimates suggest a downside risk of 15.09% based on GF Value.
Kellanova (K) is approaching the final phase of its acquisition by Mars. The company has successfully navigated nearly all regulatory hurdles, with the European Commission's decision as the last piece of the puzzle. This significant development is anticipated to reach completion by late 2025, and shares of Kellanova have already seen a 0.7% increase in premarket trading.
Wall Street Analysts' Forecast
Wall Street analysts have provided their insights on Kellanova's (K, Financial) future performance, with 16 experts putting forth a range of one-year price targets. The average target price stands at $82.45, with projections varying from a high of $87.00 to a low of $70.00. This average target suggests an upside potential of 5.91% from the current stock price of $77.85. For more detailed data, visit the Kellanova (K) Forecast page.
The consensus among 16 brokerage firms presents Kellanova (K, Financial) with an average brokerage recommendation of 3.0, indicating a "Hold" status. This recommendation is part of a scale ranging from 1 (Strong Buy) to 5 (Sell), offering investors a balanced outlook.
GuruFocus Valuation Insights
Through the lens of GuruFocus, the estimated GF Value for Kellanova (K, Financial) in the coming year is pegged at $66.10. This valuation implies a possible downside of 15.09% from the current market price of $77.85. The GF Value is a proprietary measure by GuruFocus, calculated based on historical trading multiples, past business growth, and future performance projections. To explore more about Kellanova's valuation metrics, refer to the Kellanova (K) Summary page.
