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Analysts Offer Insights on Consumer Goods Companies: McCormick & Company (MKC) and Pilgrim’s Pride (PPC)

Tipranks - Tue Mar 24, 3:02AM CDT

Analysts fell to the sidelines weighing in on McCormick & Company (MKC) and Pilgrim’s Pride (PPC) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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McCormick & Company (MKC)

Barclays analyst Andrew Lazar maintained a Hold rating on McCormick & Company today and set a price target of $67.00. The company’s shares closed last Friday at $53.23.

According to TipRanks.com, Lazar is a 1-star analyst with an average return of -0.7% and a 47.4% success rate. Lazar covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Once Upon a Farm, PBC, and The Hershey Company. ;'>

McCormick & Company has an analyst consensus of Moderate Buy, with a price target consensus of $73.13, a 35.2% upside from current levels. In a report released yesterday, TipRanks – xAI also reiterated a Hold rating on the stock with a $56.00 price target.

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Pilgrim’s Pride (PPC)

In a report released today, Benjamin Theurer from Barclays maintained a Hold rating on Pilgrim’s Pride, with a price target of $45.00. The company’s shares closed last Friday at $35.23, close to its 52-week low of $33.67.

According to TipRanks.com, Theurer is a 4-star analyst with an average return of 4.9% and a 52.4% success rate. Theurer covers the Consumer Goods sector, focusing on stocks such as Grupo Comercial Chedraui SAB de CV, Kimberly-Clark de Mexico SAB de CV, and Wal-Mart de Mexico SAB de CV. ;'>

Pilgrim’s Pride has an analyst consensus of Hold, with a price target consensus of $43.33.

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