J.M. Smucker Company (The) (SJM) Receives Analyst Rating

J.M. Smucker Company (The) (SJM) : Zacks Investment Research ranks J.M. Smucker Company (The) (SJM) as 3, which is a Hold recommendation. 2 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 9 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 12 research analysts is 2.83, which indicates as a Hold.

J.M. Smucker Company (The) (SJM) : Average target price received by J.M. Smucker Company (The) (SJM) is $143 with an expected standard deviation of $13.84. The most aggressive target on the stock is $162, whereas the most downbeat target is $123. 5 financial analysts are currently covering the stock.


Also, In a research note released to the investors, Deutsche Bank maintains its rating on J.M. Smucker Company (The) (NYSE:SJM).The analysts at the brokerage house have a current rating of Buy on the shares. In a recent information released to the investors, Deutsche Bank raises the new price target from $162 per share to $165 per share. The rating by the firm was issued on August 18, 2016.

J.M. Smucker Company (The) (NYSE:SJM): After opening at $136.89, the stock dipped to an intraday low of $136.41 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $137.9 and the buying power remained strong till the end. The stock closed at $137.68 for the day, a gain of 0.53% for the day session. The total traded volume was 687,371. The stocks close on the previous trading day was $136.95.

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.

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