# McCormick & Company, Incorporated – Consensus ‘hold’ rating and 11.1% Upside Potential

- Link: https://www.directorstalkinterviews.com/mccormick-company-incorporated-consensus-hold-rating-and-11.1-upside-potential/4121127893
- Published: 2023-09-20T14:01:45+01:00
- Author: Charlotte Edwards

**McCormick & Company, Incorporated** with ticker code (MKC) have now 11 confirmed
analysts covering the stock with the consensus suggesting a rating of ‘hold’. The
range between the high target price and low target price is between 100 and 66 with
the average target price sitting at $88.82. Given that the stocks previous close
was at $79.92 this indicates there is a potential upside of 11.1%. The 50 day MA
is $84.52 and the 200 day MA is $83.19. The market capitalization for the company
is 21.13B. The current share price for the company is: 78.72 USD

 The potential market cap would be $23,485,453,588 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 30.39, revenue per share of 24.29
and a 4.78% return on assets.

McCormick & Company, Incorporated is engaged in manufacturing, marketing and distributing
spices, seasoning mixes, condiments and other flavorful products to the entire food
industry retailers, food manufacturers and foodservice businesses. The Company operates
through two business segments: Consumer and Flavor Solutions. In the Consumer segment,
it sells its products under the McCormick brand and a variety of brands around the
world, including French’s, Frank’s RedHot, Lawry’s Cholula Hot Sauce and Club House,
as well as brands, such as Gourmet Garden, OLD BAY, Zatarain’s, Stubb’s, Thai Kitchen,
Simply Asia, Ducros, Schwartz, Kamis, DaQiao and La Drogheria. In the Flavor Solutions
segment, the Company provides a range of products to multinational food manufacturers
and food service customers. Its sales, distribution and production facilities are
located in North America, Europe and China, and additional facilities are based 
in Australia, Central America, Thailand and South Africa.

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