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McCormick & Co

MKCNYSE
Logo brought to you by Benzinga Data
$80.31
0.140.17%
At close: -
$80.31
0.000.00%
After Hours: 4:32 PM EDT
The dividend Ex-Date is in 12 days
Falfurrias Capital Partners was rumored to sell assets to McCormick & Co (MKC) on Tuesday, December 17, 2024 for $1.0B
Consensus Rating1
Hold
Highest Price Target1
$96.00
Lowest Price Target1
$57.00
Consensus Price Target1
$80.60

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

McCormick & Co Inc has a consensus price target of $80.6 based on the ratings of 17 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 Jefferies, TD Cowen, and Stifel on December 9, 2024, October 2, 2024, and October 2, 2024, respectively. With an average price target of $87.33 between Jefferies, TD Cowen, and Stifel, there's an implied 8.75% upside for McCormick & Co Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
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0
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0
Jun
1
Sep
1
Oct
1
Dec
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
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2.9
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Jefferies
TD Cowen
Stifel
B of A Securities
Citigroup

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 Jefferies on December 9, 2024. The analyst firm set a price target for $91.00 expecting MKC to rise to within 12 months (a possible 13.31% upside). 15 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 Jefferies, and McCormick & Co upgraded their buy rating.

Q

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

A

The last upgrade for McCormick & Co Inc happened on December 9, 2024 when Jefferies raised their price target to $91. Jefferies previously had a hold 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 December 9, 2024 so you should expect the next rating to be made available sometime around December 9, 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 upgraded with a price target of $85.00 to $91.00. The current price McCormick & Co (MKC) is trading at is $80.31, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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