J.M. Smucker Company (The) New with ticker code (SJM) have now 15 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 153 and 109 calculating the average target price we see 132. With the stocks previous close at 123.04 this now indicates there is a potential upside of 7.3%. The 50 day moving average now sits at 135.91 and the 200 day moving average is 131.45. The market cap for the company is $13,315m. Visit the company website at: https://www.jmsmucker.com
The potential market cap would be $14,285m based on the market concensus.
The J. M. Smucker Company manufactures and markets branded food and beverage products worldwide. It operates in four segments: U.S. Retail Coffee, U.S. Retail Consumer Foods, U.S. Retail Pet Foods, and International and Away From Home. The company offers mainstream roast, ground, single serve, and premium coffee; peanut butter and specialty spreads; fruit spreads, shortening and oils, and frozen sandwiches; 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 ingredient. It provides its products under the Folgers, Café Bustelo, Dunkin’ Donuts, 1850, Jif, Smucker’s, Crisco, Smucker’s Uncrustables, Meow Mix, Kibbles n Bits, 9Lives, Nature’s Recipe, Milk-Bone, Pup-Peroni, Rachael Ray Nutrish, Natural Balance, Robin Hood, and Five Roses brands. The company sells its products through direct sales and brokers to food retailers and wholesalers, club stores, pet specialty stores, discount and dollar stores, drug stores, military commissaries, mass merchandisers, natural foods stores and distributors, and online retailers; and through retail channels, and foodservice distributors and operators. The J. M. Smucker Company was founded in 1897 and is headquartered in Orrville, Ohio.