Scotts Miracle-Gro Company (SMG) Receives a Buy from Wells Fargo
In a report released today, Christopher Carey from Wells Fargo maintained a Buy rating on Scotts Miracle-Gro Company, with a price target of $67.00.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
According to TipRanks, Carey is a 2-star analyst with an average return of 0.6% and a 46.92% success rate. Carey covers the Consumer Defensive sector, focusing on stocks such as General Mills, Church & Dwight, and Kimberly Clark.
Currently, the analyst consensus on Scotts Miracle-Gro Company is a Strong Buy with an average price target of $64.68.
Based on Scotts Miracle-Gro Company’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $387.4 million and a GAAP net loss of $151.8 million. In comparison, last year the company earned a revenue of $414.7 million and had a GAAP net loss of $244 million
Read More on SMG:
Disclaimer & DisclosureReport an Issue
- Scotts Miracle-Gro expects to combine Hawthorne with cannabis company
- Scotts Miracle-Gro CEO expresses support for cannabis rescheduling order
- Scotts Miracle-Gro: Strong Buy Recommendation Based on Promising Growth Projections and Valuation Upside
- Scotts Miracle-Gro Faces Financial Uncertainty Amid U.S. Legislative Challenges
- Scotts Miracle-Gro, Columbus Crew expand long-standing partnership
