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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.
1calculated from analyst ratings
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.
The latest analyst rating for McCormick & Co (NYSE:MKC) was provided by TD Cowen, and McCormick & Co maintained their hold rating.
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.
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.
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.
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.
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