# McCormick & Company, Incorporated – Consensus ‘hold’ rating and 11.9% Upside Potential

- Link: https://www.directorstalkinterviews.com/mccormick-company-incorporated-consensus-hold-rating-and-11.9-upside-potential/4121159771
- Published: 2024-06-11T15:10:41+01:00
- Author: Charlotte Edwards

**McCormick & Company, Incorporated** with ticker code (MKC) have now 14 confirmed
analysts covering the stock with the consensus suggesting a rating of ‘hold’. The
target price High/Low ranges between $92.00 and $66.00 suggesting an average Analsyt
target price of $76.72. Now with the previous closing price of $68.58 this now indicates
there is a potential upside of 11.9%. The 50 day MA is $73.79 and the 200 moving
average now moves to $70.10. The company has a market capitalization of 18.27B. 
The stock price for the company is currently is currently $68.11 USD

 The potential market cap would be $20,443,821,586 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 26, revenue per share of $24.96 
and a 5.01% 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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