J.M. Smucker Company (The) (NYSE:SJM): The mean estimate for the short term price target for J.M. Smucker Company (The) (NYSE:SJM) stands at $133.2 according to 5 Analysts. The higher price target estimate for the stock has been calculated at $143 while the lower price target estimate is at $118.
Many analysts have stated their opinion on the company shares. Jefferies downgrades its rating on J.M. Smucker Company (The) (NYSE:SJM). Analysts at the Jefferies have a current rating of Hold on the shares. The shares were previously rated Buy. The rating by the firm was issued on June 10, 2016. Company shares have received an average consensus rating of Hold for the current week
On the companys insider trading activities,The officer (Vice President, HR Operations) of J M Smucker Co, Denman John W sold 250 shares at $127.55 on April 15, 2016. The Insider selling transaction had a total value worth of $31,888. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
J.M. Smucker Company (The) (NYSE:SJM) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.02 points or 0.01% at $144.22 with 1,352,775 shares getting traded. Post opening the session at $144, the shares hit an intraday low of $143.25 and an intraday high of $145.6 and the price was in this range throughout the day. The company has a market cap of $17,261 million and the number of outstanding shares have been calculated to be 119,684,293 shares. The 52-week high of J.M. Smucker Company (The) (NYSE:SJM) is $145.7 and the 52-week low is $104.3.
The J. M. Smucker Company is a manufacturer and marketer of consumer food and beverage products and pet food and pet snacks in North America. The Company has four segments: U.S. Retail Coffee, U.S. Retail Consumer Foods, U.S. Retail Pet Foods, and International, Foodservice and Natural Foods. The Companys U.S. retail market segments consist of the sale of branded food products to consumers through retail outlets in North America. The Companys International, Foodservice and Natural Foods segment represents sales outside of the U.S. retail market segments. The Companys principal consumer food and beverage products are coffee, peanut butter, fruit spreads, shortening and oils, baking mixes and ready-to-spread frostings, canned milk, flour and baking ingredients, juices and beverages, frozen sandwiches, toppings, syrups, pickles, condiments, grain products and nut mix products. The Companys pet products consist of dry and wet dog food, dry and wet cat food, dog snacks and cat snacks.