Brokerage Firm Rating Update on J.M. Smucker Company (The) (SJM)

J.M. Smucker Company (The) (SJM) : Zacks Investment Research ranks J.M. Smucker Company (The) (SJM) as 3, which is a Hold recommendation. 2 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 9 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 12 research analysts is 2.83, which indicates as a Hold.

J.M. Smucker Company (The) (SJM) : The highest level J.M. Smucker Company (The) (SJM) is projected to reach is $162 for the short term and the lowest estimate is at $123. The consolidated price target from 5 rating analysts who initiate coverage on the stock is $143 and the possibility the share price can swing is $13.84.


Company shares have received an average consensus rating of Hold for the current week Also, Equity Analysts at the Deutsche Bank maintains the rating on J.M. Smucker Company (The) (NYSE:SJM). The brokerage firm has issued a Buy rating on the shares. The Analysts at the ratings agency raises the price target from $162 per share to $165 per share. The rating by the firm was issued on August 18, 2016.

J.M. Smucker Company (The) (NYSE:SJM): stock was range-bound between the intraday low of $139.87 and the intraday high of $141.62 after having opened at $141.38 on Wednesdays session. The stock finally closed in the red at $141.38, a loss of -1.18%. The stock remained in the red for the whole trading day. The total traded volume was 737,251 shares. The stock failed to cross $141.62 in Wednesdays trading. The stocks closing price on Thursday was $141.82.

The J. M. Smucker Company is a manufacturer and marketer of consumer food and beverage products and pet food and pet snacks in North America. The Company has four segments: U.S. Retail Coffee, U.S. Retail Consumer Foods, U.S. Retail Pet Foods, and International, Foodservice and Natural Foods. The Companys U.S. retail market segments consist of the sale of branded food products to consumers through retail outlets in North America. The Companys International, Foodservice and Natural Foods segment represents sales outside of the U.S. retail market segments. The Companys principal consumer food and beverage products are coffee, peanut butter, fruit spreads, shortening and oils, baking mixes and ready-to-spread frostings, canned milk, flour and baking ingredients, juices and beverages, frozen sandwiches, toppings, syrups, pickles, condiments, grain products and nut mix products. The Companys pet products consist of dry and wet dog food, dry and wet cat food, dog snacks and cat snacks.

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