# McCormick & Company, Incorporated – Consensus ‘hold’ rating and 15.4% Upside Potential

- Link: https://www.directorstalkinterviews.com/mccormick-company-incorporated-consensus-hold-rating-and-15.4-upside-potential/4121132999
- Published: 2023-11-16T14:52:53+00:00
- Author: Charlotte Edwards

**McCormick & Company, Incorporated** with ticker code (MKC) have now 13 confirmed
analysts covering the stock with the consensus suggesting a rating of ‘hold’. The
target price High/Low ranges between $97.00 and $59.00 suggesting an average Analsyt
target price of $76.54. Given that the stocks previous close was at $66.31 this 
would indicate that there is a potential upside of 15.4%. The 50 day MA is $68.85
while the 200 day moving average is $79.92. The total market capitalization for 
the company now stands at 17.67B. The current share price for the company is: $65.87
USD

 The potential market cap would be $20,401,091,266 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 27.45, revenue per share of $24.61
and a 4.82% 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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