In a report released yesterday, Christopher Growe from Stifel Nicolaus maintained a Hold rating on JM Smucker (SJM – Research Report), with a price target of $140.00. The company’s shares closed last Tuesday at $139.61.
According to TipRanks.com, Growe is a 4-star analyst with an average return of 7.9% and a 66.9% success rate. Growe covers the Consumer Goods sector, focusing on stocks such as McCormick & Company, Philip Morris, and General Mills.
JM Smucker has an analyst consensus of Hold, with a price target consensus of $132.20.
JM Smucker’s market cap is currently $15.42B and has a P/E ratio of 26.80.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
The J. M. Smucker Co. engages in the manufacture and marketing of food and beverage products. It operates through the following segments: U.S. Retail Coffee, U.S. Retail Consumer Foods, U.S. Retail Pet Foods, and International and Away From Home. The U. S. Retail Coffee segment includes domestic sales of Folgers, Dunkin’ Donuts, and Café Bustelo branded coffee. The U.S. Retail Consumer Foods segment sells Smucker’s, Jif, and Crisco branded products. The U.S. Retail Pet Foods comprises Rachael Ray Nutrish, Meow Mix, Milk-Bone, Natural Balance, Kibbles ‘n Bits, 9Lives, Nature’s Recipe, and Pup-Peroni branded products. The International and Foodservice segment covers products distributed domestically and in foreign countries through retail channels and foodservice distributors and operators. The company was founded by Jerome Monroe Smucker in 1897 and is headquartered in Orrville, OH.
Read More on SJM: