Kellogg Company stock (NYSE: K) is up just 1% since the beginning of this year, but at the current price of around $70 per share, we believe Kellogg stock is fully valued.
Why is that? Our belief stems from the fact that Kellogg stock remains about 22% higher than the low seen at the end of 2018. Our dashboard What Factors Drove 22% Change In Kellogg Stock Between 2018 And Now? provides the key numbers behind our thinking, and we explain more below.