NYSE:MKC

McCormick & Company, Incorporated - MKC Price Target & Analyst Ratings

$72.73

+1.53 (+2.15%)

(As of 03/24/2023 01:57 PM ET)

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Today's Range: $71.36
▼
$73.11
50-Day Range: $70.95
▼
$81.10
52-Week Range: $70.60
▼
$105.19

Volume: 549,627 shs
Average Volume: 1.35 million shs
Market Capitalization: $19.50 billion

P/E Ratio: 28.86
Dividend Yield: 2.14%
Price Target: $79.38

Institutional Ownership

McCormick & Company, Incorporated Consensus Rating and Price Target (2023)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Analyst Rating

Hold
Based on 8 Analyst Ratings

Consensus Analyst Price Target

$79.38
9.14% Upside

High Prediction	$94.00
Average Prediction	$79.38
Low Prediction	$63.00

Type	Current 3/24/22 to 3/24/23	1 Month Ago 2/22/22 to 2/22/23	3 Months Ago 12/24/21 to 12/24/22	1 Year Ago 3/24/21 to 3/24/22
Consensus Rating	Hold	Hold	Hold	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	3 Buy rating(s)	3 Buy rating(s)	2 Buy rating(s)	1 Buy rating(s)
Hold	3 Hold rating(s)	3 Hold rating(s)	4 Hold rating(s)	3 Hold rating(s)
Sell	2 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$79.38	$82.83	$94.17	$97.50
Predicted Upside	9.14% Upside	6.56% Upside	8.78% Upside	6.71% Upside

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MKC Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

MKC Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

McCormick & Company, Incorporated Stock vs. The Competition

Type	McCormick & Company, Incorporated	Consumer Staples Companies	S&P 500
Consensus Rating Score	2.13	2.47	2.47
Consensus Rating	Hold	Hold	Hold
Predicted Upside	8.82% Upside	635.86% Upside	24.47% Upside
News Sentiment Rating	Neutral News	Neutral News	Positive News

Historical Target Prices and Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

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Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
3/21/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$75.00 ➝ $72.00	-1.09%
3/20/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$74.00 ➝ $69.00	-4.98%
3/10/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Sell	$71.00	-1.39%
1/27/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Underweight	$66.00 ➝ $63.00	-14.24%
1/27/2023	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Market Perform ➝ Outperform	$90.00	+22.52%
11/15/2022	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$94.00	+13.60%

11/15/2022	Exane BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating	Max Gumport Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Underperform ➝ Outperform	$94.00	+13.60%
9/12/2022	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight	$94.00 ➝ $82.00	+2.64%
7/6/2022	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold
7/2/2021	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating	Christopher Growe Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Hold	$89.00	+0.46%
10/1/2020	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Robert Dickerson Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Hold
3/31/2020	Cfra Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold	$77.50 ➝ $70.00	-1.54%

(Data available from 3/24/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

MKC Price Target - Frequently Asked Questions

What is McCormick & Company, Incorporated's consensus rating and price target?: According to the issued ratings of 8 analysts in the last year, the consensus rating for McCormick & Company, Incorporated stock is Hold based on the current 2 sell ratings, 3 hold ratings and 3 buy ratings for MKC. The average twelve-month price prediction for McCormick & Company, Incorporated is $79.38 with a high price target of $94.00 and a low price target of $63.00. Learn more on MKC's analyst rating history.
Do Wall Street analysts like McCormick & Company, Incorporated more than its competitors?: Analysts like McCormick & Company, Incorporated less than other Consumer Staples companies. The consensus rating score for McCormick & Company, Incorporated is 2.13 while the average consensus rating score for consumer staples companies is 2.47. Learn more on how MKC compares to other companies.
Is McCormick & Company, Incorporated being upgraded by Wall Street analysts?: Over the previous 90 days, McCormick & Company, Incorporated's stock had 1 upgrade by analysts.

Does McCormick & Company, Incorporated's stock price have much upside?: According to analysts, McCormick & Company, Incorporated's stock has a predicted upside of 3.70% based on their 12-month price targets.
What analysts cover McCormick & Company, Incorporated?: McCormick & Company, Incorporated has been rated by Credit Suisse Group, Deutsche Bank Aktiengesellschaft, JPMorgan Chase & Co., Sanford C. Bernstein, and UBS Group in the past 90 days.

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This page (NYSE:MKC) was last updated on 3/24/2023 by MarketBeat.com Staff

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