Kellogg Co Recently Earned A Profit Of 2 52 Earnings Per Share And Has A P E Rat

Kellogg Co. recently earned a profit of $2.52 earnings per share and has a P/E ratio of 13.5. The dividend has been growing at a 5 percent rate over the past few years.

If the growth rate continues, what would be the stock price in five years if the P/E ratio remained unchanged? What would the price be if the P/E ratio declined to 12 in five years?

Stock Price??

Stock Price with new P/E

 

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