$67.70
0[0.00%]
At close: Apr 17
$67.70
0[0.00%]
PreMarket: 4:00PM EDT
Scotts Miracle Gro
(NYSE:SMG)Scotts Miracle Gro Stock (NYSE:SMG), Analyst Ratings, Price Targets, Predictions
The Scotts Miracle Gro Co has a consensus price target of $64.29, established from looking at the 61 latest analyst ratings. The last 3 analyst ratings were released from Truist Securities, JP Morgan, and Raymond James on April 5, 2024, April 5, 2024, and March 25, 2024. With an average price target of $53.33 between Truist Securities, JP Morgan, and Raymond James, there's an implied -21.22% downside for The Scotts Miracle Gro Co from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Truist Securities
JP Morgan
Raymond James
Stifel
Barclays
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Scotts Miracle Gro
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/05/2024 | SMG | Buy Now | Scotts Miracle Gro | $67.70 | 10.78% | Truist Securities | Bill Chappell | $65 → $75 | Downgrade | Buy → Hold | Get Alert |
| 04/05/2024 | SMG | Buy Now | Scotts Miracle Gro | $67.70 | 25.55% | JP Morgan | Jeffrey Zekauskas | $70 → $85 | Maintains | Overweight | Get Alert |
| 03/25/2024 | SMG | Buy Now | Scotts Miracle Gro | $67.70 | — | Raymond James | Joseph Altobello | — | Downgrade | Strong Buy → Market Perform | Get Alert |
| 03/04/2024 | SMG | Buy Now | Scotts Miracle Gro | $67.70 | -3.99% | Stifel | W. Andrew Carter | $55 → $65 | Maintains | Hold | Get Alert |
| 02/05/2024 | SMG | Buy Now | Scotts Miracle Gro | $67.70 | -18.76% | Stifel | W. Andrew Carter | $49 → $45 | Maintains | Hold | Get Alert |
| 10/30/2023 | SMG | Buy Now | Scotts Miracle Gro | $67.70 | -27.62% | Stifel | W. Andrew Carter | $55 → $49 | Maintains | Hold | Get Alert |
| 09/05/2023 | SMG | Buy Now | Scotts Miracle Gro | $67.70 | -11.37% | Barclays | Gaurav Jain | $70 → $60 | Maintains | Equal-Weight | Get Alert |
| 08/07/2023 | SMG | Buy Now | Scotts Miracle Gro | $67.70 | -18.76% | Stifel | W. Andrew Carter | $68 → $55 | Maintains | Hold | Get Alert |
| 08/03/2023 | SMG | Buy Now | Scotts Miracle Gro | $67.70 | 3.4% | Raymond James | Joseph Altobello | $86 → $70 | Maintains | Strong Buy | Get Alert |
| 08/03/2023 | SMG | Buy Now | Scotts Miracle Gro | $67.70 | 10.78% | Truist Securities | Bill Chappell | $80 → $75 | Maintains | Buy | Get Alert |
| 08/01/2023 | SMG | Buy Now | Scotts Miracle Gro | $67.70 | 0.44% | Stifel | W. Andrew Carter | $72 → $68 | Maintains | Hold | Get Alert |
| 07/13/2023 | SMG | Buy Now | Scotts Miracle Gro | $67.70 | 6.35% | Stifel | W. Andrew Carter | $78 → $72 | Downgrade | Buy → Hold | Get Alert |
| 07/11/2023 | SMG | Buy Now | Scotts Miracle Gro | $67.70 | — | Truist Securities | Bill Chappell | — | Upgrade | Hold → Buy | Get Alert |
| 05/08/2023 | SMG | Buy Now | Scotts Miracle Gro | $67.70 | 18.17% | JP Morgan | Jeffrey Zekauskas | → $80 | Upgrade | Neutral → Overweight | Get Alert |
| 05/04/2023 | SMG | Buy Now | Scotts Miracle Gro | $67.70 | -3.99% | Truist Securities | Bill Chappell | $70 → $65 | Maintains | Hold | Get Alert |
| 05/04/2023 | SMG | Buy Now | Scotts Miracle Gro | $67.70 | 25.55% | Wells Fargo | Chris Carey | $100 → $85 | Maintains | Overweight | Get Alert |
| 05/01/2023 | SMG | Buy Now | Scotts Miracle Gro | $67.70 | 18.17% | Stifel | W. Andrew Carter | $65 → $80 | Upgrade | Hold → Buy | Get Alert |
| 04/26/2023 | SMG | Buy Now | Scotts Miracle Gro | $67.70 | 3.4% | Barclays | Gaurav Jain | $105 → $70 | Downgrade | Overweight → Equal-Weight | Get Alert |
| 04/06/2023 | SMG | Buy Now | Scotts Miracle Gro | $67.70 | 18.17% | UBS | Peter Grom | $87 → $80 | Maintains | Neutral | Get Alert |
FAQ
What is the target price for Scotts Miracle Gro (SMG)?
The latest price target for Scotts Miracle Gro (NYSE: SMG) was reported by Truist Securities on April 5, 2024. The analyst firm set a price target for $75.00 expecting SMG to rise to within 12 months (a possible 10.78% upside). 18 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Scotts Miracle Gro (SMG)?
The latest analyst rating for Scotts Miracle Gro (NYSE: SMG) was provided by Truist Securities, and Scotts Miracle Gro downgraded their hold rating.
When was the last upgrade for Scotts Miracle Gro (SMG)?
The last upgrade for The Scotts Miracle Gro Co happened on July 11, 2023 when Truist Securities raised their price target to N/A. Truist Securities previously had a hold for The Scotts Miracle Gro Co.
When was the last downgrade for Scotts Miracle Gro (SMG)?
The last downgrade for The Scotts Miracle Gro Co happened on April 5, 2024 when Truist Securities changed their price target from $65 to $75 for The Scotts Miracle Gro Co.
When is the next analyst rating going to be posted or updated for Scotts Miracle Gro (SMG)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Scotts Miracle Gro, 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 Scotts Miracle Gro was filed on April 5, 2024 so you should expect the next rating to be made available sometime around April 5, 2025.
Is the Analyst Rating Scotts Miracle Gro (SMG) correct?
While ratings are subjective and will change, the latest Scotts Miracle Gro (SMG) rating was a downgraded with a price target of $65.00 to $75.00. The current price Scotts Miracle Gro (SMG) is trading at is $67.70, which is within the analyst’s predicted range.
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