The McCormick & Co Inc-MD (MKC.V) share price is expected to decrease by 100% over the next year. This is based on calculating the average 12-month share price estimate provided by 0 stock analysts who have covered MKC.V. Price targets range from $ at the low end to $ at the high end. The current analyst consensus for MKC.V is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
McCormick & Co Inc-MD has a total of 0 Wall St Analyst ratings. There are 0 buy ratings, 0 ratings, and 0 sell ratings. Since most analysts have a sell consensus rating, the expectation is that McCormick & Co Inc-MD will perform worse than the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of MKC.V.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Stifel | Hold | Maintains | Oct 4, 2023 | |
B of A Securities | Buy | Maintains | Oct 4, 2023 | |
HSBC | Hold | Initiates | Sep 22, 2023 | |
TD Cowen | Market Perform | Initiates | Sep 13, 2023 | |
Barclays | Equal-Weight | Maintains | Jul 3, 2023 | |
B of A Securities | Buy | Upgrade | Jun 6, 2023 | |
Deutsche Bank | Hold | Maintains | Mar 29, 2023 | |
B of A Securities | Underperform | Maintains | Mar 29, 2023 | |
JP Morgan | Underweight | Maintains | Mar 29, 2023 | |
UBS | Sell | Initiates | Mar 10, 2023 | |
Deutsche Bank | Hold | Maintains | Jan 27, 2023 | |
B of A Securities | Underperform | Maintains | Jan 27, 2023 | |
Bernstein | Outperform | Upgrade | Jan 27, 2023 | |
JP Morgan | Underweight | Maintains | Jan 27, 2023 | |
Deutsche Bank | Hold | Maintains | Dec 6, 2022 | |
Exane BNP Paribas | Outperform | Initiates | Nov 15, 2022 | |
B of A Securities | Underperform | Maintains | Oct 7, 2022 | |
Barclays | Equal-Weight | Maintains | Sep 12, 2022 | |
Deutsche Bank | Hold | Maintains | Sep 8, 2022 | |
Argus Research | Hold | Downgrade | Jul 6, 2022 |
When did it IPO
2003
Staff Count
13,800
Country
United States
Sector/Industry
Consumer Defensive/Packaged Foods
CEO
Mr. Brendan M. Foley
Market Cap
$20.60B
In 2023, MKC.V generated $6.66B in revenue, which was a increase of 4.91% from the previous year. This can be seen as a signal that MKC.V's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - McCormick & Company (NYSE: MKC) is close to acquiring Cholula for $800 million from L Catterton, with potential finalization of the deal by Tuesday, according to the Wall Street Journal.
Why It Matters - McCormick's potential acquisition of Cholula could enhance its product portfolio, drive revenue growth, and strengthen market position in the growing hot sauce segment, impacting stock valuation.