JM Smucker (SJM) Gets a Hold Rating from Barclays


In a report released yesterday, Andrew Lazar from Barclays maintained a Hold rating on JM Smucker (SJM), with a price target of $103. The company’s shares opened today at $103.44.

According to TipRanks.com, Lazar is a 4-star analyst with an average return of 6.5% and a 64.6% success rate. Lazar covers the Consumer Goods sector, focusing on stocks such as McCormick & Company, Post Holdings Inc, and TreeHouse Foods.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for JM Smucker with a $112.71 average price target, which is an 9.0% upside from current levels. In a report released yesterday, Credit Suisse also upgraded the stock to Hold with a $94 price target.

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JM Smucker’s market cap is currently $11.77B and has a P/E ratio of 8.78. The company has a Price to Book ratio of 1.48.

Based on the recent corporate insider activity of 35 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

The J. M. Smucker Co. engages in the manufacture and marketing of branded food and beverage products. It operates through the following segments: U.S. Retail Coffee, U.S. Retail Consumer Foods, U.S. Retail Pet Foods, and International and Away From Home.

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