Stifel Nicolaus Keeps a Hold Rating on McCormick & Company

By Carrie Williams

Stifel Nicolaus analyst Christopher Growe reiterated a Hold rating on McCormick & Company (NYSE: MKC) yesterday and set a price target of $95. The company’s shares closed yesterday at $95.13.

According to TipRanks.com, Growe is a 4-star analyst with an average return of 6.2% and a 58.7% success rate. Growe covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies Inc, Constellation Brands Inc, and Mondelez International.

McCormick & Company has an analyst consensus of Moderate Buy, with a price target consensus of $104.33.

McCormick & Company’s market cap is currently $11.85B and has a P/E ratio of 25.23. The company has a book value ratio of 6.5919.

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.

McCormick & Co., Inc. manufactures, markets and distributes spices, seasoning mixes, condiments and other flavorful products to the retail outlets, food manufacturers and foodservice businesses. The firm operates its business through the following business segments: Consumer and Industrial.