KeyBanc Capital Markets Initiates J.M. Smucker Coverage: Buy, $95 PT

KeyBanc Capital Markets initiated J.M. Smucker

coverage with a Buy rating and $95 price target in a research report published today. In the report, KeyBanc Capital Markets states, " We consider SJM a well-run company with an attractive return and growth profile: Over the last five years, the Company's sales and EPS have grown by CAGRs of approximately 17% and 11%, respectively, and its ROIC of roughly 13% has been steadily improving and is above its cost of capital." Shares of J.M. Smucker closed today at $79.32, down 0.25% from Monday's market close.