B of A Securities Reiterates Rating on SJM $SJM
Key Points
- B of A Securities now rates The J. M. Smucker Company ($SJM) "buy" with a $132 target.
- B of A Securities's $132 price target implies 12.98% upside from The J. M. Smucker Company's ($SJM) current $116.84 share price.
- The Street's average $SJM price target is $141.44 (Buy).
- $SJM last traded around $116.84.
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B of A Securities reiterated its rating on The J. M. Smucker Company ($SJM) to a "buy" rating in a recent research note and set a price target of $132, a 12.98% upside from the current price.
The J. M. Smucker Company Stock Down 11.7%
Shares of The J. M. Smucker Company ($SJM) traded around $116.84 on Saturday, down 11.7% for the day.
The J. M. Smucker Company Earnings
The J. M. Smucker Company Dividend
Analysts Set New Price Targets
About The J. M. Smucker Company
The J. M. Smucker Company manufactures and markets branded food and beverage products worldwide. The company operates through five segments: U.S. Retail Coffee, U.S. Retail Frozen Handheld and Spreads, U.S. Retail Pet Foods, Sweet Baked Snacks, and Away From Home. It offers coffee, sweet baked goods, pet snacks, frozen handheld products, peanut butter, cat and dog food, fruit and specialty spreads, cookies, frozen sandwiches and snacks, hot beverages, portion control products, toppings and syrups, baking mixes and ingredients, and flour. The company provides its products under the Folgers, Café Bustelo, Dunkin', Jif, Smucker's, Uncrustables, Meow Mix, Milk-Bone, Pup-Peroni, Canine Carry Outs, Hostess, and 1850 brand names. It sells its products through direct sales and brokers to food retailers, club stores, discount and dollar stores, online retailers, pet specialty stores, distributors, drug stores, military commissaries, mass merchandisers, supermarket chains, national mass retailers, convenience stores, vending channels, and foodservice distributors and operators. The J. M. Smucker Company was founded in 1897 and is headquartered in Orrville, Ohio.
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