Analysts Offer Insights on Consumer Goods Companies: McCormick & Company (MKC) and Pilgrim’s Pride (PPC)
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
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
Pilgrim’s Pride has an analyst consensus of Hold, with a price target consensus of $43.33.
Read More on MKC:
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- McCormick: Buy Rating Reiterated on Strategic Upside From Potential Reverse Morris Trust With Unilever’s Foods Unit
- Midday Fly By: FedEx reports ‘beat and raise,’ Ecolab to acquire CoolIT
- Barclays sees accretion, risks for McCormick from potential deal
- McCormick price target lowered to $59 from $67 at UBS
- McCormick confirms discussions with Unilever regarding food business
