Kerry Group’s outlook divides investors: short-sellers sceptical, analysts bullish
Kerry’s share price has dropped from €130 in June 2021 to €81 now – where will it go next?
Where will Kerry’s share price go next?
Kerry Group’s share price has been falling steadily since July 2021, from a high of €130 to its current price of around €81.
There are a number of factors. Many are external, such as broad market forces like the rise of anti-obesity drugs, which has hit the food sector hard in the short-term. Some of it is internal, including the relative underperformance of Kerry’s Dairy Ireland division.
