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McCormick & Co

MKCNYSE
Logo brought to you by Benzinga Data
$71.24
-0.15-0.21%
At close: -
$71.24
0.000.00%
After Hours: 4:07 PM EDT
Q4 2024 Earnings in 10 days from now on Thu Jan 23rd, before the market open
Consensus Rating1
Buy
Highest Price Target1
$96.00
Lowest Price Target1
$57.00
Consensus Price Target1
$80.87

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

McCormick & Co Inc has a consensus price target of $80.87 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 TD Cowen, Jefferies, and TD Cowen on January 8, 2025, December 9, 2024, and October 2, 2024, respectively. With an average price target of $89 between TD Cowen, Jefferies, and TD Cowen, there's an implied 24.93% upside for McCormick & Co Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Sep 24
1
Oct 24
1
Dec 24
1
Jan
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.0
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

TD Cowen
Jefferies
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 TD Cowen on January 8, 2025. The analyst firm set a price target for $90.00 expecting MKC to rise to within 12 months (a possible 26.33% upside). 16 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 TD Cowen, 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 January 8, 2025 when TD Cowen raised their price target to $90. TD Cowen 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 January 8, 2025 so you should expect the next rating to be made available sometime around January 8, 2026.

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 $86.00 to $90.00. The current price McCormick & Co (MKC) is trading at is $71.24, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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