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JM Smucker (SJM) Receives a Buy from Jefferies

Tipranks - Tipranks - Fri Feb 27, 4:20PM CST

Jefferies analyst Scott Marks CFA reiterated a Buy rating on JM Smucker today and set a price target of $138.00.

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According to TipRanks, Marks CFA is an analyst with an average return of -3.4% and a 48.00% success rate. Marks CFA covers the Consumer Defensive sector, focusing on stocks such as The Hershey Company, UTZ Brands, and General Mills.

In addition to Jefferies, JM Smucker also received a Buy from RBC Capital’s Nik Modi in a report issued on February 24. However, today, William Blair maintained a Hold 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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