J.M. Smucker Company (The) New – Consensus Indicates Potential 2.1% Upside

Broker Ratings
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J.M. Smucker Company (The) New with ticker code (SJM) have now 15 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 145 and 107 calculating the mean target price we have 131.4. Given that the stocks previous close was at 128.74 this indicates there is a potential upside of 2.1%. The 50 day moving average now sits at 129.52 and the 200 day moving average is 132.47. The company has a market capitalisation of $13,873m. Find out more information at: https://www.jmsmucker.com

The potential market cap would be $14,159m based on the market concensus.

The J. M. Smucker Company manufactures and markets branded food and beverage products worldwide. It operates in three segments: U.S. Retail Pet Foods, U.S. Retail Coffee, and U.S. Retail Consumer Foods. The company offers mainstream roast, ground, single serve, and premium coffee; peanut butter and specialty spreads; fruit spreads, shortening and oils, and frozen sandwiches and snacks; pet food and pet snacks; and foodservice hot beverage, foodservice portion control, and flour products, as well as dog and cat food, frozen handheld products, juices and beverages, and baking mixes and ingredients. It provides its products under the Meow Mix, 9Lives, Kibbles ‘n Bits, Milk-Bone, Pup-Peroni, Rachael Ray Nutrish and Nature’s Recipe, Folgers, Café Bustelo, Dunkin’, Folgers, Café Bustelo, 1850, Jif, Smucker’s, Smucker’s Uncrustables, Robin Hood, and Five Roses. The company sells its products through direct sales and brokers to food retailers, club stores, discount and dollar stores, online retailers, pet specialty stores, natural foods stores and distributors, drug stores, military commissaries, and mass merchandisers. Smucker Company was founded in 1897 and is headquartered in Orrville, Ohio.

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