Short Term Rating on Mead Johnson Nutrition Company (MJN)

Mead Johnson Nutrition Company (MJN) : Zacks Investment Research ranks Mead Johnson Nutrition Company (MJN) as 3, which is a Hold recommendation. 3 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. Not everyone is convinced about the stocks future, hence, the stock receives 2 Sell recommendation. A total of 6 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 11 research analysts is 2.64, which indicates as a Hold.

Mead Johnson Nutrition Company (MJN) : 6 Wall Street analysts covering Mead Johnson Nutrition Company (MJN) believe that the average level the stock could reach for the short term is $80.67. The maximum price target given is $89 and the minimum target for short term is around $70, hence the standard deviation is calculated at $6.89.

Company shares have received an average consensus rating of Hold for the current week


Mead Johnson Nutrition Company (NYSE:MJN): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $90.00 and $89.69 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $91.00. The buying momentum continued till the end and the stock did not give up its gains. It closed at $90.53, notching a gain of 0.85% for the day. The total traded volume was 1,510,643 . The stock had closed at $89.77 on the previous day.

Mead Johnson Nutrition Company (Mead Johnson) is a global pediatric nutrition company. The Company manufactures, distributes and sells infant formulas, childrens nutrition and other nutritional products. Its product portfolio includes routine and specialty infant formulas, childrens milks and milk modifiers, dietary supplements for pregnant and breastfeeding mothers, pediatric vitamins, and products for pediatric metabolic disorders. The Company operates through three segments: Asia, Latin America and North America/Europe. The Companys Enfa family of brands, including Enfamil infant formula, is a brand franchise in pediatric nutrition. Its product portfolio addresses a range of nutritional needs for infants, children and expectant and nursing mothers. The Company markets its portfolio of more than 70 products to mothers, healthcare professionals and retailers in more than 50 countries in Asia, North America, Latin America and Europe.

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