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McCormick & Co

MKCNYSE
Logo brought to you by Benzinga Data
$83.92
-0.58-0.69%
At Close: -
$83.92
00.00%
After Hours: 4:27 PM EDT
15 minutes delayed
Q3 2024 Earnings in 12 days from now on Tue Oct 1st, before the market open
Consensus Rating1
Hold
Highest Price Target1
$95.00
Lowest Price Target1
$57.00
Consensus Price Target1
$78.14

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

McCormick & Co Inc has a consensus price target of $78.14 based on the ratings of 16 analysts. The high is $95 issued by B of A Securities on September 17, 2024. The low is $57 issued by JP Morgan on January 26, 2024. The 3 most-recent analyst ratings were released by B of A Securities, TD Cowen, and Citigroup on September 17, 2024, June 24, 2024, and June 12, 2024, respectively. With an average price target of $79 between B of A Securities, TD Cowen, and Citigroup, there's an implied -5.86% downside for McCormick & Co Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
1
Mar
0
0
0
0
Apr
1
Jun
0
0
0
0
Sep
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.8
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

B of A Securities
TD Cowen
Citigroup
Argus Research
Barclays

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 B of A Securities on September 17, 2024. The analyst firm set a price target for $95.00 expecting MKC to rise to within 12 months (a possible 13.20% upside). 14 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 B of A Securities, and McCormick & Co maintained their buy rating.

Q

When was the last upgrade for McCormick & Co (MKC)?

A

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.

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 September 17, 2024 so you should expect the next rating to be made available sometime around September 17, 2025.

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 maintained with a price target of $86.00 to $95.00. The current price McCormick & Co (MKC) is trading at is $83.92, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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