McCormick & Co Inc has a consensus price target of $77.5 based on the ratings of 16 analysts. The high is $94 issued by Exane BNP Paribas on November 15, 2022. The low is $57 issued by JP Morgan on January 26, 2024. The 3 most-recent analyst ratings were released by TD Cowen, Citigroup, and Argus Research on June 24, 2024, June 12, 2024, and April 2, 2024, respectively. With an average price target of $76.67 between TD Cowen, Citigroup, and Argus Research, there's an implied -0.76% downside for McCormick & Co Inc from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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06/24/2024 | Buy Now | -5.5% | TD Cowen | Robert Moskow | $75 → $73 | Maintains | Hold | Get Alert |
06/12/2024 | Buy Now | -10.68% | Citigroup | Thomas Palmer | $68 → $69 | Upgrade | Sell → Neutral | Get Alert |
04/02/2024 | Buy Now | 13.92% | Argus Research | John Staszak | → $88 | Upgrade | Hold → Buy | Get Alert |
03/28/2024 | Buy Now | -1.62% | Barclays | Andrew Lazar | $71 → $76 | Maintains | Equal-Weight | Get Alert |
03/27/2024 | Buy Now | -2.91% | Stifel | Matthew Smith | $70 → $75 | Maintains | Hold | Get Alert |
03/27/2024 | Buy Now | -11.97% | Citigroup | Thomas Palmer | $60 → $68 | Maintains | Sell | Get Alert |
02/01/2024 | Buy Now | -22.33% | Citigroup | Thomas Palmer | → $60 | Initiates | → Sell | Get Alert |
01/26/2024 | Buy Now | -26.21% | JP Morgan | Ken Goldman | $59 → $57 | Maintains | Underweight | Get Alert |
01/22/2024 | Buy Now | — | Consumer Edge Research | Connor Rattigan | — | Downgrade | Overweight → Equal-Weight | Get Alert |
01/16/2024 | Buy Now | -8.09% | Barclays | Lauren Lieberman | $74 → $71 | Maintains | Equal-Weight | Get Alert |
10/04/2023 | Buy Now | -9.39% | Stifel | Matthew Smith | $82 → $70 | Maintains | Hold | Get Alert |
10/04/2023 | Buy Now | 11.33% | B of A Securities | Peter Galbo | $100 → $86 | Maintains | Buy | Get Alert |
09/22/2023 | Buy Now | 11.33% | HSBC | Alejandro Zamacona | → $86 | Initiates | → Hold | Get Alert |
09/13/2023 | Buy Now | 12.62% | TD Cowen | Robert Moskow | → $87 | Initiates | → Market Perform | Get Alert |
07/03/2023 | Buy Now | 10.03% | Barclays | Andrew Lazar | $77 → $85 | Maintains | Equal-Weight | Get Alert |
06/06/2023 | Buy Now | 29.45% | B of A Securities | Peter Galbo | $75 → $100 | Upgrade | Underperform → Buy | Get Alert |
04/14/2023 | Buy Now | 6.15% | Stifel | Matthew Smith | → $82 | Reinstates | → Hold | Get Alert |
03/29/2023 | Buy Now | -2.91% | Deutsche Bank | Stephen Powers | $69 → $75 | Maintains | Hold | Get Alert |
03/29/2023 | Buy Now | -14.56% | JP Morgan | Ken Goldman | $63 → $66 | Maintains | Underweight | Get Alert |
03/29/2023 | Buy Now | -2.91% | B of A Securities | Peter Galbo | $73 → $75 | Maintains | Underperform | Get Alert |
03/10/2023 | Buy Now | -8.09% | UBS | Cody Ross | → $71 | Initiates | → Sell | Get Alert |
01/27/2023 | Buy Now | -5.5% | B of A Securities | Peter Galbo | $78 → $73 | Maintains | Underperform | Get Alert |
01/27/2023 | Buy Now | -4.21% | Deutsche Bank | Steve Powers | $83 → $74 | Maintains | Hold | Get Alert |
01/27/2023 | Buy Now | -18.45% | JP Morgan | Ken Goldman | $66 → $63 | Maintains | Underweight | Get Alert |
01/27/2023 | Buy Now | 16.5% | Bernstein | Alexia Howard | → $90 | Upgrade | Market Perform → Outperform | Get Alert |
12/06/2022 | Buy Now | 7.44% | Deutsche Bank | Steve Powers | $79 → $83 | Maintains | Hold | Get Alert |
11/15/2022 | Buy Now | 21.68% | Exane BNP Paribas | Max Gumport | → $94 | Initiates | → Outperform | Get Alert |
10/07/2022 | Buy Now | -4.21% | B of A Securities | Peter Galbo | $75 → $74 | Maintains | Underperform | Get Alert |
09/12/2022 | Buy Now | 6.15% | Barclays | Andrew Lazar | $94 → $82 | Maintains | Equal-Weight | Get Alert |
09/08/2022 | Buy Now | 2.27% | Deutsche Bank | Steve Powers | $85 → $79 | Maintains | Hold | Get Alert |
07/06/2022 | Buy Now | — | Argus Research | John Staszak | — | Downgrade | Buy → Hold | Get Alert |
06/30/2022 | Buy Now | 10.03% | Deutsche Bank | Steve Powers | $91 → $85 | Maintains | Hold | Get Alert |
06/21/2022 | Buy Now | 17.8% | Deutsche Bank | Steve Powers | $99 → $91 | Maintains | Hold | Get Alert |
02/17/2022 | Buy Now | 44.98% | Argus Research | John Staszak | → $112 | Upgrade | Hold → Buy | Get Alert |
01/19/2022 | Buy Now | — | Credit Suisse | Robert Moskow | — | Downgrade | Outperform → Neutral | Get Alert |
10/05/2021 | Buy Now | 8.74% | B of A Securities | Peter Galbo | $85 → $84 | Maintains | Underperform | Get Alert |
10/01/2021 | Buy Now | 15.21% | Deutsche Bank | Steve Powers | — | Maintains | Hold | Get Alert |
10/01/2021 | Buy Now | 26.86% | Credit Suisse | Robert Moskow | — | Maintains | Outperform | Get Alert |
09/17/2021 | Buy Now | 17.8% | Deutsche Bank | Steve Powers | — | Maintains | Hold | Get Alert |
09/13/2021 | Buy Now | 29.45% | Credit Suisse | Robert Moskow | — | Maintains | Outperform | Get Alert |
The latest price target for McCormick & Co (NYSE:MKC) was reported by TD Cowen on June 24, 2024. The analyst firm set a price target for $73.00 expecting MKC to fall to within 12 months (a possible -5.50% downside). 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 June 24, 2024 so you should expect the next rating to be made available sometime around June 24, 2025.
While ratings are subjective and will change, the latest McCormick & Co (MKC) rating was a maintained with a price target of $75.00 to $73.00. The current price McCormick & Co (MKC) is trading at is $77.25, which is out of the analyst’s predicted range.
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