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McCormick & Co

MKCNYSE
Logo brought to you by Benzinga Data
$73.97
-0.95-1.27%
At close: -
$73.97
00.00%
After Hours: Nov 15, 4:55 PM EDT
Consensus Rating1
Hold
Highest Price Target1
$96.00
Lowest Price Target1
$57.00
Consensus Price Target1
$79.86

McCormick & Co (NYSE:MKC) Stock, Analyst Ratings, Price Targets, Forecasts

McCormick & Co Inc has a consensus price target of $79.86 based on the ratings of 16 analysts. The high is $96 issued by B of A Securities on October 2, 2024. The low is $57 issued by JP Morgan on January 26, 2024. The 3 most-recent analyst ratings were released by TD Cowen, Stifel, and B of A Securities on October 2, 2024, respectively. With an average price target of $89 between TD Cowen, Stifel, and B of A Securities, there's an implied 20.32% upside for McCormick & Co Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Jun
1
Sep
1
Oct
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.8
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

TD Cowen
Stifel
B of A Securities
Citigroup
Argus Research

1calculated from analyst ratings

Analyst Ratings for McCormick & Co

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for McCormick & Co (MKC) stock?

A

The latest price target for McCormick & Co (NYSE:MKC) was reported by TD Cowen on October 2, 2024. The analyst firm set a price target for $86.00 expecting MKC to rise to within 12 months (a possible 16.26% upside). 14 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for McCormick & Co (MKC)?

A

The latest analyst rating for McCormick & Co (NYSE:MKC) was provided by TD Cowen, and McCormick & Co maintained their hold rating.

Q

When was the last upgrade for McCormick & Co (MKC)?

A

The last upgrade for McCormick & Co Inc happened on June 12, 2024 when Citigroup raised their price target to $69. Citigroup previously had a sell for McCormick & Co Inc.

Q

When was the last downgrade for McCormick & Co (MKC)?

A

The last downgrade for McCormick & Co Inc happened on January 22, 2024 when Consumer Edge Research changed their price target from N/A to N/A for McCormick & Co Inc.

Q

When is the next analyst rating going to be posted or updated for McCormick & Co (MKC)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of McCormick & Co, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for McCormick & Co was filed on October 2, 2024 so you should expect the next rating to be made available sometime around October 2, 2025.

Q

Is the Analyst Rating McCormick & Co (MKC) correct?

A

While ratings are subjective and will change, the latest McCormick & Co (MKC) rating was a maintained with a price target of $84.00 to $86.00. The current price McCormick & Co (MKC) is trading at is $73.97, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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