How Analysts Rated McCormick & Company, Incorporated (NYSE:MKC) Last Week?

January 14, 2018 - By Maria Brooks

 How Analysts Rated McCormick & Company, Incorporated (NYSE:MKC) Last Week?
Investors sentiment increased to 1.63 in Q3 2017. Its up 0.77, from 0.86 in 2017Q2. It increased, as 44 investors sold McCormick & Company, Incorporated shares while 151 reduced holdings. 87 funds opened positions while 230 raised stakes. 97.65 million shares or 9.97% more from 88.80 million shares in 2017Q2 were reported.
Neville Rodie Shaw has 0.08% invested in McCormick & Company, Incorporated (NYSE:MKC) for 7,000 shares. Mai Capital Management accumulated 8,886 shares. Rathbone Brothers Public Llc reported 192,150 shares. Mcf Advisors Limited Liability reported 55 shares stake. Schulhoff And has 18,842 shares for 1.15% of their portfolio. Bessemer Grp Incorporated Inc reported 55,927 shares stake. Utah Retirement Systems holds 0.05% in McCormick & Company, Incorporated (NYSE:MKC) or 21,966 shares. Burney holds 2,135 shares. Farmers And Merchants Investments Inc has invested 0% in McCormick & Company, Incorporated (NYSE:MKC). Ontario – Canada-based Toronto Dominion Financial Bank has invested 0.02% in McCormick & Company, Incorporated (NYSE:MKC). Fenimore Asset Mgmt owns 36,805 shares or 0.15% of their US portfolio. Patten Incorporated accumulated 317 shares or 0.02% of the stock. Guggenheim Cap Ltd Liability Co invested in 678,550 shares or 0.16% of the stock. Moreover, Victory Inc has 0.01% invested in McCormick & Company, Incorporated (NYSE:MKC) for 25,262 shares. The Michigan-based Arcadia Invest Mngmt Mi has invested 0.01% in McCormick & Company, Incorporated (NYSE:MKC).

Since September 29, 2017, it had 0 insider buys, and 3 selling transactions for $1.36 million activity. The insider MANGAN MICHAEL D sold 5,000 shares worth $497,500. HRABOWSKI FREEMAN A III sold 3,000 shares worth $296,050.

McCormick & Company, Incorporated (NYSE:MKC) Ratings Coverage

Among 12 analysts covering McCormick & Company (NYSE:MKC), 4 have Buy rating, 0 Sell and 8 Hold. Therefore 33% are positive. McCormick & Company had 38 analyst reports since August 20, 2015 according to SRatingsIntel. The firm has “Buy” rating by Credit Suisse given on Tuesday, August 22. The stock has “Buy” rating by Bank of America on Tuesday, December 6. The firm has “Buy” rating given on Tuesday, October 3 by Jefferies. The stock of McCormick & Company, Incorporated (NYSE:MKC) earned “Hold” rating by Deutsche Bank on Friday, June 24. The firm has “Sell” rating by Citigroup given on Wednesday, March 30. The stock has “Outperform” rating by Bernstein on Wednesday, March 30. The stock of McCormick & Company, Incorporated (NYSE:MKC) has “Buy” rating given on Thursday, August 20 by Zacks. Jefferies upgraded McCormick & Company, Incorporated (NYSE:MKC) on Friday, July 28 to “Buy” rating. The stock of McCormick & Company, Incorporated (NYSE:MKC) has “Buy” rating given on Friday, July 1 by Deutsche Bank. The stock of McCormick & Company, Incorporated (NYSE:MKC) earned “Hold” rating by Jefferies on Thursday, June 22. Below is a list of McCormick & Company, Incorporated (NYSE:MKC) latest ratings and price target changes.

30/10/2017 Broker: Jefferies Rating: Buy Old Target: $115 New Target: $120 Maintain
03/10/2017 Broker: Jefferies Rating: Buy New Target: $110.0 Maintain
02/10/2017 Broker: Citigroup Rating: Neutral Old Target: $100 New Target: $108 Maintain
29/09/2017 Broker: Stifel Nicolaus Rating: Hold New Target: $103.0 Maintain
29/09/2017 Broker: Credit Suisse Rating: Outperform Old Target: $112 New Target: $115 Maintain
18/09/2017 Broker: Credit Suisse Rating: Outperform Old Target: $108 New Target: $112 Maintain
31/08/2017 Broker: Stifel Nicolaus Rating: Hold New Target: $95.0 Maintain
30/08/2017 Broker: Jefferies Rating: Buy New Target: $110.0 Maintain
22/08/2017 Broker: Credit Suisse Rating: Buy New Target: $108.0 Maintain
28/07/2017 Broker: Jefferies Old Rating: Hold New Rating: Buy Old Target: $90 Upgrade

The stock increased 0.01% or $0.01 during the last trading session, reaching $101.01. About 572,724 shares traded. McCormick & Company, Incorporated (NYSE:MKC) has risen 5.12% since January 14, 2017 and is uptrending. It has underperformed by 11.58% the S&P500.

McCormick & Company, Incorporated makes, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. The company has market cap of $13.24 billion. The firm operates through two divisions, Consumer and Industrial. It has a 28.04 P/E ratio. The Consumer segment offers spices, herbs, and seasonings, as well as desserts.

Another recent and important McCormick & Company, Incorporated (NYSE:MKC) news was published by Nasdaq.com which published an article titled: “McCormick & Company, Incorporated (MKC) Ex-Dividend Date Scheduled for …” on December 27, 2017.

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