McCormick & Company, Incorporated - MKC Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
News Sentiment
About
FAQ

Consensus Rating: Hold
Consensus Price Target: $80.10
Forecasted Upside: -9.03%
Number of Analysts: 10
Breakdown:
3 Sell Ratings
4 Hold Ratings
3 Buy Ratings
0 Strong Buy Ratings

^$88.05 As of 06/2/2023 12:34 PM ET

▲ +0.47 (0.54%)

1 month | 3 months | 12 months

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Analyst Price Target for MKC

^$80.10

▼ -9.03% Downside Potential

This price target is based on 10 analysts offering 12 month price targets for McCormick & Company, Incorporated in the last 3 months. The average price target is $80.10, with a high forecast of $94.00 and a low forecast of $66.00. The average price target represents a -9.03% upside from the last price of $88.05.

Current Consensus is Hold

The current consensus among 10 polled investment analysts is to hold stock in McCormick & Company, Incorporated. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

0 strong buy ratings
0 buy ratings
4 hold ratings
0 sell ratings

Ratings as of

12/9/2021

0 strong buy ratings
0 buy ratings
4 hold ratings
0 sell ratings

Ratings as of

3/9/2022

0 strong buy ratings
0 buy ratings
4 hold ratings
0 sell ratings

Ratings as of

6/7/2022

0 strong buy ratings
0 buy ratings
3 hold ratings
0 sell ratings

Ratings as of

9/5/2022

0 strong buy ratings
2 buy ratings
4 hold ratings
0 sell ratings

Ratings as of

12/4/2022

0 strong buy ratings
3 buy ratings
3 hold ratings
1 sell ratings

Ratings as of

3/4/2023

0 strong buy ratings
3 buy ratings
4 hold ratings
3 sell ratings

Ratings as of

5/3/2023

0 strong buy ratings
3 buy ratings
4 hold ratings
3 sell ratings

Ratings as of

6/2/2023

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
4/13/2023	Stifel Nicolaus	Initiated Coverage	Hold	$82.00	Low
3/29/2023	JPMorgan Chase & Co.	Boost Target	Underweight	$63.00 ➝ $66.00	Low
3/29/2023	Deutsche Bank Aktiengesellschaft	Boost Target	Hold	$69.00 ➝ $75.00	Low
3/29/2023	Bank of America	Boost Target	Underperform	$73.00 ➝ $75.00	Low
3/21/2023	Credit Suisse Group	Lower Target		$75.00 ➝ $72.00	Low
3/20/2023	Deutsche Bank Aktiengesellschaft	Lower Target		$74.00 ➝ $69.00	Low
3/10/2023	UBS Group	Initiated Coverage	Sell	$71.00	Low
1/27/2023	Deutsche Bank Aktiengesellschaft	Lower Target	Hold	$83.00 ➝ $74.00	Low
1/27/2023	JPMorgan Chase & Co.	Lower Target	Underweight	$66.00 ➝ $63.00	Low
1/27/2023	Sanford C. Bernstein	Upgrade	Market Perform ➝ Outperform	$90.00	Low
12/6/2022	Deutsche Bank Aktiengesellschaft	Boost Target	Hold	$79.00 ➝ $83.00	Low
11/15/2022	BNP Paribas	Initiated Coverage	Outperform	$94.00	Low
11/15/2022	Exane BNP Paribas	Initiated Coverage	Underperform ➝ Outperform	$94.00	Low
9/12/2022	Barclays	Lower Target	Equal Weight	$94.00 ➝ $82.00	Low
9/8/2022	Deutsche Bank Aktiengesellschaft	Lower Target	Hold	$85.00 ➝ $79.00	Low
7/6/2022	Argus	Downgrade	Buy ➝ Hold		N/A
6/30/2022	Deutsche Bank Aktiengesellschaft	Lower Target	Hold	$91.00 ➝ $85.00	Low
6/21/2022	Deutsche Bank Aktiengesellschaft	Lower Target	Hold	$99.00 ➝ $91.00	Low
3/30/2022	Deutsche Bank Aktiengesellschaft	Boost Target		$96.00 ➝ $99.00	Low
2/17/2022	Argus	Upgrade	Hold ➝ Buy	$112.00	Low
1/19/2022	Credit Suisse Group	Downgrade	Outperform ➝ Neutral	$100.00	Low
10/1/2021	Credit Suisse Group	Lower Target	Outperform	$100.00 ➝ $98.00	Low
10/1/2021	Deutsche Bank Aktiengesellschaft	Lower Target	Hold	$91.00 ➝ $89.00	Low
9/17/2021	Deutsche Bank Aktiengesellschaft	Lower Target	Hold	$95.00 ➝ $91.00	Low
9/13/2021	Credit Suisse Group	Lower Target	Outperform	$104.00 ➝ $100.00	Medium
7/2/2021	Stifel Nicolaus	Reiterated Rating	Hold	$89.00	N/A
3/23/2021	Argus	Reiterated Rating	Buy ➝ Hold		Low
3/17/2021	Argus	Downgrade	Buy ➝ Hold		Low
10/1/2020	Jefferies Financial Group	Reiterated Rating	Hold		Low
9/24/2020	Argus	Initiated Coverage	Buy	$107.50	Medium
7/15/2020	Credit Suisse Group	Boost Target	Outperform	$93.50 ➝ $100.00	Low
6/26/2020	Deutsche Bank Aktiengesellschaft	Boost Target	Hold	$78.00 ➝ $91.00	High
6/22/2020	Jefferies Financial Group	Upgrade	Underperform ➝ Hold	$83.50	Low
6/1/2020	Deutsche Bank Aktiengesellschaft	Lower Target	Hold	$69.50 ➝ $64.00	Medium
5/15/2020	UBS Group	Upgrade	Buy	$80.00	Low
5/14/2020	Credit Suisse Group	Upgrade	Neutral ➝ Outperform	$73.50 ➝ $93.50	High
4/17/2020	JPMorgan Chase & Co.	Lower Target	Underweight	$68.50 ➝ $67.00	Medium
4/2/2020	Credit Suisse Group	Lower Target	Neutral	$77.50 ➝ $73.50	Medium
4/1/2020	Stifel Nicolaus	Lower Target	Hold	$77.50 ➝ $65.00	Low
3/31/2020	Cfra	Lower Target	Hold	$77.50 ➝ $70.00	Low
3/30/2020	Jefferies Financial Group	Reiterated Rating	Sell	$55.00	High
3/27/2020	JPMorgan Chase & Co.	Lower Target	Underweight	$74.00 ➝ $68.50	Low
3/25/2020	Deutsche Bank Aktiengesellschaft	Lower Target	Hold	$81.50 ➝ $69.50	Low
3/19/2020	UBS Group	Downgrade	Neutral ➝ Underperform	$87.50 ➝ $70.00	High
3/19/2020	Bank of America	Downgrade	Neutral ➝ Underperform	$87.50 ➝ $70.00	High
1/29/2020	Credit Suisse Group	Lower Target	Neutral	$80.00 ➝ $77.50	Low
1/28/2020	Jefferies Financial Group	Reiterated Rating	Sell	$75.00	High
1/22/2020	Jefferies Financial Group	Initiated Coverage	Underperform	$75.00	Low
1/10/2020	Bank of America	Initiated Coverage	Neutral	$86.00	Low
1/9/2020	UBS Group	Downgrade	Neutral ➝ Sell	$77.50 ➝ $73.50	High
12/11/2019	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Hold	$81.50	High
12/10/2019	The Goldman Sachs Group	Downgrade	Neutral ➝ Sell	$70.00	Medium
10/2/2019	Credit Suisse Group	Boost Target	Neutral	$75.00 ➝ $80.00	Low
8/20/2019	JPMorgan Chase & Co.	Downgrade	Neutral ➝ Underweight	$77.00 ➝ $75.00	High
6/28/2019	UBS Group	Set Target	Hold	$77.50	Low
6/28/2019	Deutsche Bank Aktiengesellschaft	Set Target	Hold	$71.00	Low
6/28/2019	JPMorgan Chase & Co.	Boost Target	Neutral	$71.50 ➝ $74.00	High
6/28/2019	Citigroup	Boost Target	Neutral ➝ Neutral	$77.50 ➝ $83.00	Low
3/26/2019	Jefferies Financial Group	Reiterated Rating	Buy	$75.00	Medium
1/28/2019	Jefferies Financial Group	Reiterated Rating	Buy	$75.00	Low
1/25/2019	Consumer Edge	Upgrade	Equal Weight ➝ Overweight		Medium
1/25/2019	Deutsche Bank Aktiengesellschaft	Upgrade	Sell ➝ Hold		High
12/20/2018	Credit Suisse Group	Set Target	Buy	$54.00	Low
11/9/2018	Credit Suisse Group	Reiterated Rating	Outperform ➝ Neutral	$68.50 ➝ $75.00	Low
10/3/2018	Jefferies Financial Group	Reiterated Rating	Buy	$75.00	Low
9/30/2018	Barclays	Reiterated Rating	Hold	$64.50	Low
9/28/2018	UBS Group	Set Target	Hold	$65.00	Low
9/28/2018	Credit Suisse Group	Set Target	Outperform ➝ Buy	$62.00 ➝ $68.50	High
9/28/2018	Stifel Nicolaus	Boost Target	Hold ➝ Hold	$58.50 ➝ $62.50	High
9/27/2018	Jefferies Financial Group	Set Target	Buy	$67.50	High
6/29/2018	Credit Suisse Group	Boost Target	Outperform ➝ Outperform	$61.00 ➝ $62.00	Low
6/29/2018	Citigroup	Boost Target	Neutral ➝ Neutral	$57.00 ➝ $58.50	Medium
6/29/2018	Vertical Research	Downgrade	Buy ➝ Hold		Medium
6/28/2018	Jefferies Financial Group	Reiterated Rating	Buy	$61.50	High

(Data available from 6/2/2018 forward)

News Sentiment Rating

0.93 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

8 very positive mentions
14 positive mentions
2 negative mentions
1 very negative mentions

Mentions as of

11/4/2022

3 very positive mentions
2 positive mentions
1 negative mentions
0 very negative mentions

Mentions as of

12/4/2022

9 very positive mentions
4 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

1/3/2023

16 very positive mentions
15 positive mentions
6 negative mentions
1 very negative mentions

Mentions as of

2/2/2023

12 very positive mentions
5 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

3/4/2023

22 very positive mentions
31 positive mentions
3 negative mentions
0 very negative mentions

Mentions as of

4/3/2023

20 very positive mentions
8 positive mentions
0 negative mentions
1 very negative mentions

Mentions as of

5/3/2023

17 very positive mentions
10 positive mentions
1 negative mentions
0 very negative mentions

Mentions as of

6/2/2023

Current Sentiment

Recent Stories by Sentiment

Very Negative

No very negative mentions tracked during this time.

McCormick & Co., Inc. engages in the manufacturing, marketing, and distribution of spices, seasoning mixes, condiments, and other flavorful products to retail outlets, food manufacturers, and foodservice businesses. It operates through the Consumer and Flavor Solutions segments. The Consumer segment sells spices, seasonings, condiments, and sauces. The Flavor Solutions segment includes seasoning blends, spices and herbs, condiments, coating systems, and compound flavors. The company was founded by Willoughby M. McCormick in 1889 and is headquartered in Baltimore, MD.

Today's Range

Now: $88.05

$87.46

$88.41

50 Day Range

MA: $86.07

$72.87

$90.85

52 Week Range

Now: $88.05

$70.60

$93.00

Volume

223,461 shs

Average Volume

1,434,371 shs

Market Capitalization

$23.62 billion

P/E Ratio

35.65

Dividend Yield

1.82%

Beta

0.58

Frequently Asked Questions

What sell-side analysts currently cover shares of McCormick & Company, Incorporated?: The following Wall Street analysts have issued reports on McCormick & Company, Incorporated in the last twelve months: Argus, Bank of America Co., Barclays PLC, BNP Paribas, Credit Suisse Group AG, Deutsche Bank Aktiengesellschaft, Exane BNP Paribas, JPMorgan Chase & Co., Sanford C. Bernstein, Stifel Nicolaus, StockNews.com, TheStreet, and UBS Group AG.
View the latest analyst ratings for MKC.
What is the current price target for McCormick & Company, Incorporated?: 10 Wall Street analysts have set twelve-month price targets for McCormick & Company, Incorporated in the last year. Their average twelve-month price target is $80.10, suggesting a possible downside of 8.5%. BNP Paribas has the highest price target set, predicting MKC will reach $94.00 in the next twelve months. JPMorgan Chase & Co. has the lowest price target set, forecasting a price of $66.00 for McCormick & Company, Incorporated in the next year.
View the latest price targets for MKC.
What is the current consensus analyst rating for McCormick & Company, Incorporated?: McCormick & Company, Incorporated currently has 3 sell ratings, 4 hold ratings and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in MKC, but not buy more shares or sell existing shares.
View the latest ratings for MKC.
What other companies compete with McCormick & Company, Incorporated?: Other companies that are similar to McCormick & Company, Incorporated include Kellogg, Church & Dwight, Hormel Foods, Clorox and International Flavors & Fragrances. Learn More about companies similar to McCormick & Company, Incorporated.
How do I contact McCormick & Company, Incorporated's investor relations team?: McCormick & Company, Incorporated's physical mailing address is 24 Schilling Road Suite 1, Hunt Valley MD, 21031. The company's listed phone number is (410) 771-7301 and its investor relations email address is [email protected]. The official website for McCormick & Company, Incorporated is www.mccormickcorporation.com. Learn More about contacing McCormick & Company, Incorporated investor relations.

McCormick & Company, Incorporated - MKC Stock Price Target and Predictions

Analyst Price Target for MKC

Current Consensus is Hold

Past Monthly Recommendations

Latest Recommendations

News Sentiment Rating

0.93 (Buy)

News Sentiment Over Time

Current Sentiment

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Today's Range

50 Day Range

52 Week Range

Volume

Average Volume

Market Capitalization

P/E Ratio

Dividend Yield

Beta

Frequently Asked Questions

What sell-side analysts currently cover shares of McCormick & Company, Incorporated?

What is the current price target for McCormick & Company, Incorporated?

What is the current consensus analyst rating for McCormick & Company, Incorporated?

What other companies compete with McCormick & Company, Incorporated?

How do I contact McCormick & Company, Incorporated's investor relations team?