McCormick & Company, Incorporated with ticker code (MKC) have now 12 analysts in total covering the stock. The consensus rating is pointing to ‘hold’. The target price High/Low ranges between $97.00 and $64.00 calculating the average target price we see $78.00. Given that the stocks previous close was at $63.78 this would indicate that there is a potential upside of 22.3%. Also worth taking note is the 50 day moving average now sits at $72.89 and the 200 day MA is $80.65. The company has a market capitalization of 17.06B. The current share price for the company is: $63.51 USD
The potential market cap would be $20,862,262,090 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 26.46, revenue per share of $24.61 and a 4.82% return on assets.
McCormick & Company, Incorporated is engaged in manufacturing, marketing and distributing spices, seasoning mixes, condiments and other flavorful products to the entire food industry retailers, food manufacturers and foodservice businesses. The Company operates through two business segments: Consumer and Flavor Solutions. In the Consumer segment, it sells its products under the McCormick brand and a variety of brands around the world, including French’s, Frank’s RedHot, Lawry’s Cholula Hot Sauce and Club House, as well as brands, such as Gourmet Garden, OLD BAY, Zatarain’s, Stubb’s, Thai Kitchen, Simply Asia, Ducros, Schwartz, Kamis, DaQiao and La Drogheria. In the Flavor Solutions segment, the Company provides a range of products to multinational food manufacturers and food service customers. Its sales, distribution and production facilities are located in North America, Europe and China, and additional facilities are based in Australia, Central America, Thailand and South Africa.
