McCormick & Company Incorporated (MKC) has been under a strong bear grip, hence the stock is down -0.72% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.11% in the past 1 week. The 4-week change in the price of the stock is -0.93% and the stock has fallen -0.55% in the past 1 week.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 0.09% and the fifty day Moving Average is 1.31%. McCormick & Company, Incorporated is up 4.02% in the last three month period. Year-to-Date the stock performance stands at 19.39%.
McCormick & Company Incorporated (MKC) : Average target price received by McCormick & Company Incorporated (MKC) is $105.67 with an expected standard deviation of $6.66. The most aggressive target on the stock is $113, whereas the most downbeat target is $100. 3 financial analysts are currently covering the stock.
McCormick & Company Incorporated (NYSE:MKC): On Fridays trading session , Opening price of the stock was $101.38 with an intraday high of $102.41. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $101.11. However, the stock managed to close at $101.3, a loss of 0.33% for the day. On the previous day, the stock had closed at $101.64. The total traded volume of the day was 358,895 shares.
McCormick & Company, Incorporated manufactures, markets and distributes spices, seasoning mixes, condiments and other flavorful products to the food industry. The Company has two business segments: consumer and industrial. Under the Consumer segment, its brands in the Americas include McCormick, Lawrys and Club House. It also markets ethnic brands, such as Zatarains, Thai Kitchen and Simply Asia. In Europe, the Middle East and Africa (EMEA), its brands include the Ducros, Schwartz and Kamis brands of spices, herbs and seasonings, and a line of Vahine brand dessert items. In the Asia/Pacific region, it markets products under the McCormick and DaQiao brands. In Australia, it markets products under the McCormick brand. In India, its majority-owned joint venture owns and trades under the Kohinoor brand. In the industrial business segment, it offers seasoning blends, spices and herbs, condiments, coating systems and compound flavors to food manufacturers and foodservice customers.