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JM Smucker (SJM) Receives a Hold from Barclays

Tipranks - Tipranks - Tue Jan 20, 1:52AM CST

Barclays analyst Andrew Lazar maintained a Hold rating on JM Smucker today and set a price target of $105.00.

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Lazar covers the Consumer Defensive sector, focusing on stocks such as The Hershey Company, Post Holdings, and UTZ Brands. According to TipRanks, Lazar has an average return of 0.1% and a 48.86% success rate on recommended stocks.

In addition to Barclays, JM Smucker also received a Hold from Morgan Stanley’s Megan Alexander in a report issued on January 16. However, on January 13, Wells Fargo maintained a Buy rating on JM Smucker (NYSE: SJM).

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Based on JM Smucker’s latest earnings release for the quarter ending October 31, the company reported a quarterly revenue of $2.33 billion and a net profit of $241.3 million. In comparison, last year the company earned a revenue of $2.27 billion and had a GAAP net loss of $24.5 million

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