Home / Questions / Kellogg Co K recently earned a profit of $322 earnings per share and has a PE ratio of 19 ...
Kellogg Co. (K) recently earned a profit of $3.22 earnings per share and has a P/E ratio of 19.85. The dividend has been growing at a 4 percent rate over the past few years. If this growth rate continues, what would be the stock price in six years if the P/E ratio remained unchanged? What would the price be if the P/E ratio declined to 13 in six years?
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