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Do Analysts Expect J M Smucker Co (SJM) Stock to Rise After It Is Down -4.26% in a Month?

Wednesday, November 29, 2023 03:32 PM | InvestorsObserver Analysts

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Do Analysts Expect J M Smucker Co (SJM) Stock to Rise After It Is Down -4.26% in a Month?

InvestorsObserver is giving J M Smucker Co (SJM) an Analyst Rating Rank of 5, meaning SJM is ranked higher by analysts than 5% of stocks. The average price target for SJM is $133.9 and analyst’s rate the stock as a Hold.

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

Why are Analyst Ratings Important?

Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers. InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.

What's Happening With J M Smucker Co Stock Today?

J M Smucker Co (SJM) stock is trading at $108.81 as of 3:21 PM on Wednesday, Nov 29, a drop of -$0.78, or -0.71% from the previous closing price of $109.59. Volume today is 1,195,216 compared to average volume of 1,326,385. The stock has traded between $108.20 and $109.52 so far today. Click Here to get the full Stock Report for J M Smucker Co stock.

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