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Kellogg’s Valuation Looks Attractive

Kellogg’s Valuation Looks Attractive

As of May 29, Kellogg (K) stock was trading at a forward PE multiple of 14.5x, which is about 20% lower than its historical average PE of 18.2x. Meanwhile, Kellogg stock is also trading 7% lower than the peer group average of 15.6x.