Published On: Wed, Oct 19th, 2016

Current Price Targets For McCormick & Company, Incorporated (NYSE:MKC)


Recently stock market analysts have updated their consensus ratings on shares of McCormick & Company, Incorporated (NYSE:MKC).

Most recent broker ratings

09/16/2016 – McCormick & Company, Incorporated was downgraded to “market perform” by analysts at Sanford C. Bernstein. They now have a USD 104 price target on the stock.

07/01/2016 – McCormick & Company, Incorporated had its “buy” rating reiterated by analysts at Deutsche Bank. They now have a USD 113 price target on the stock.

07/01/2016 – McCormick & Company, Incorporated had its “neutral” rating reiterated by analysts at UBS. They now have a USD 102 price target on the stock.

06/30/2016 – McCormick & Company, Incorporated had its “neutral” rating reiterated by analysts at Citigroup. They now have a USD 102 price target on the stock.

04/20/2016 – Credit Suisse began new coverage on McCormick & Company, Incorporated giving the company a “neutral” rating. They now have a USD 95 price target on the stock.

02/18/2016 – McCormick & Company, Incorporated was downgraded to “hold” by analysts at BB&T Capital Markets.

01/19/2016 – McCormick & Company, Incorporated was downgraded to “underweight” by analysts at JP Morgan. They now have a USD 76 price target on the stock.

12/15/2015 – Jefferies began new coverage on McCormick & Company, Incorporated giving the company a “hold” rating. They now have a USD 80 price target on the stock.

05/18/2015 – McCormick & Company, Incorporated was downgraded to “sell” by analysts at Zacks.

10/03/2014 – McCormick & Company, Incorporated had its “hold” rating reiterated by analysts at S&P Capital IQ. They now have a USD 73 price target on the stock.

03/14/2014 – McCormick & Company, Incorporated was upgraded to “neutral” by analysts at Trading Central.

McCormick & Company, Incorporated has a 50 day moving average of 97.29 and a 200 day moving average of 99.10. The stock’s market capitalization is 11.96B, it has a 52-week low of 78.45 and a 52-week high of 107.84.

The share price of the company (NYSE:MKC) was up +0.55% during the last trading session, with a high of 95.26 and the volume of McCormick & Company, Incorporated shares traded was 593210.

McCormick & Company, Incorporated manufactures, markets and distributes spices, seasoning mixes, condiments and other flavorful products to the food industry, including retailers, food manufacturers and foodservice businesses. The Company operates in two segments: consumer and industrial. Its brands in the Americas include McCormick, Lawry’s, Stubb’s, Club House, Zatarain’s, Thai Kitchen and Simply Asia. In Europe and the Middle East and Africa (EMEA), the Company’s brands include the Ducros, Schwartz, Kamis, Drogheria & Alimentari, and a line of Vahine brand dessert items. In the Asia/Pacific region, it markets products under the McCormick and DaQiao brands in China. In Australia, it markets its spices and seasonings under the McCormick brand and its dessert products under the Aeroplane brand. In India, its joint venture trades under the Kohinoor brand. The industrial segment sells to food manufacturers and the foodservice industry both directly and indirectly through distributors.