# McCormick & Company, Incorporated – Consensus ‘hold’ rating and 20.4% Upside Potential

- Link: https://www.directorstalkinterviews.com/mccormick-company-incorporated-consensus-hold-rating-and-20.4-upside-potential/4121132361
- Published: 2023-11-09T14:30:02+00:00
- Author: Charlotte Edwards

**McCormick & Company, Incorporated** which can be found using ticker (MKC) have
now 12 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
$97.00 and $64.00 suggesting an average Analsyt target price of $78.00. Now with
the previous closing price of $64.77 and the analysts are correct then there would
likely be a percentage uptick in value of 20.4%. Also worth taking note is the 50
day moving average now sits at $70.44 and the 200 day MA is $80.16. The total market
capitalization for the company now stands at 17.51B. The stock price for the company
is currently is currently $65.30 USD

 The potential market cap would be $21,084,728,204 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 27.21, 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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