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WK Kellogg Co ( (KLG) ) has issued an announcement.
On September 26, 2025, Ferrero Group completed its acquisition of WK Kellogg Co, making it a wholly owned subsidiary. This strategic move supports Ferrero’s growth in North America and aims to expand its reach with WK Kellogg Co’s well-loved brands. As a result of the merger, WK Kellogg Co’s shares ceased trading on the New York Stock Exchange, and shareholders received $23.00 per share. The acquisition is expected to enhance Ferrero’s market presence and brand innovation in the region.
The most recent analyst rating on (KLG) stock is a Hold with a $24.00 price target. To see the full list of analyst forecasts on WK Kellogg Co stock, see the KLG Stock Forecast page.
Spark’s Take on KLG Stock
According to Spark, TipRanks’ AI Analyst, KLG is a Neutral.
WK Kellogg Co’s overall stock score reflects financial challenges and high valuation concerns, offset by positive technical indicators and potential strategic benefits from the merger with Ferrero. The legal challenges related to the merger add uncertainty, but the company’s strong market momentum provides a positive outlook.
To see Spark’s full report on KLG stock, click here.
More about WK Kellogg Co
WK Kellogg Co, founded in 1894, is a prominent player in the food industry, known for its iconic breakfast brands such as Kellogg’s Frosted Flakes, Rice Krispies, and Froot Loops. The company has a significant presence in North American households, promoting wellbeing through its products and sustainable business strategy.
Average Trading Volume: 2,052,940
Technical Sentiment Signal: Buy
Current Market Cap: $1.99B
See more data about KLG stock on TipRanks’ Stock Analysis page.