J.M. Smucker Company (The) (NYSE:SJM) has received a short term rating of strong buy from experts at Zacks with a rank of 1. The stock has been rated an average of 2.54 by 13 Brokerage Firm. 3 Wall Street Firms have rated the stock as a strong buys. 10 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Brokerage firm Jefferies downgrades its rating on J.M. Smucker Company (The) (NYSE:SJM). The shares have been rated Hold. Previously, the analysts had a Buy rating on the shares. The rating by the firm was issued on June 10, 2016.
J.M. Smucker Company (The) (NYSE:SJM): According to 6 Analysts, The short term target price has been estimated at $ 143.17.The target price could deviate by a maximum of $11.02 from the forecast price. In the near term, the target price could hit a high of $154 and a low of $ 123.
J.M. Smucker Company (The) (NYSE:SJM) rose 0.58% or 0.84 points on Tuesday and made its way into the gainers of the day. After trading began at $145.47 the stock was seen hitting $146.61 as a peak level and $144.55 as the lowest level. The stock ended up at $146. The daily volume was measured at 1,204,603 shares. The 52-week high of the share price is $146.61 and the 52-week low is $104.3. The company has a market cap of $17,474 million.
Shares of The J. M. Smucker Company rose by 1.33% in the last five trading days and 15.32% for the last 4 weeks. The J. M. Smucker Company is up 14.92% in the last 3-month period. Year-to-Date the stock performance stands at 19.61%.
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.