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Do Analysts Agree Friday on McCormick & Company Inc (MKC) Stock's Target Price?

Friday, February 23, 2024 03:22 PM | InvestorsObserver Analysts

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Do Analysts Agree Friday on McCormick & Company Inc (MKC) Stock's Target Price?

Wall Street is positive on McCormick & Company Inc (MKC). On average, analysts give the stock a Hold rating. The average price target is $70.909, which means analysts expect the stock to add by 3.43% over the next twelve months. That average ranking earns the stock an Analyst Rating of 5, which is better than 5% of stocks based on data compiled by InvestorsObserver.

Overall Score - 3
Wall Street analysts are rating MKC a Hold today. Find out what this means to you and get the rest of the rankings on MKC!

Why are Analyst Ratings Important?

Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company's balance sheet. This information allows investors to make decisions ahead of the curve. InvestorsObserver combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.

What's Happening With McCormick & Company Inc Stock Today?

McCormick & Company Inc (MKC) stock is trading at $68.56 as of 3:15 PM on Friday, Feb 23, a gain of $0.76, or 1.13% from the previous closing price of $67.80. The stock has traded between $67.47 and $68.71 so far today. Volume today is 1,750,099 compared to average volume of 2,168,242. Click Here to get the full Stock Report for McCormick & Company Inc stock.

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