Deutsche Bank Sticks to Its Buy Rating for McCormick & Company (MKC)

In a report released today, Stephen Powers from Deutsche Bank maintained a Buy rating on McCormick & Company, with a price target of $59.00.

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According to TipRanks, Powers is a 4-star analyst with an average return of 3.6% and a 61.14% success rate. Powers covers the Consumer Defensive sector, focusing on stocks such as McCormick & Company, Monster Beverage, and Campbell Soup.

In addition to Deutsche Bank , McCormick & Company also received a Buy from TipRanks – PerPlexity’s PerPlexity Packaged Foods in a report issued on April 4. However, on the same day, TipRanks – OpenAI reiterated a Hold rating on McCormick & Company (NYSE: MKC).

Based on McCormick & Company’s latest earnings release for the quarter ending February 28, the company reported a quarterly revenue of $1.87 billion and a net profit of $1.02 billion. In comparison, last year the company earned a revenue of $1.61 billion and had a net profit of $162.3 million

Based on the recent corporate insider activity of 72 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of MKC in relation to earlier this year. Most recently, in February 2026, Lawrence Erik Kurzius, a Major Shareholder at MKC sold 50,000.00 shares for a total of $3,581,500.00.