# McCormick & Company, Incorporated – Consensus ‘hold’ rating and 9.4% Upside Potential

- Link: https://www.directorstalkinterviews.com/mccormick-company-incorporated-consensus-hold-rating-and-9.4-upside-potential/4121126312
- Published: 2023-08-30T13:04:54+01:00
- Author: Charlotte Edwards

**McCormick & Company, Incorporated** which can be found using ticker (MKC) now 
have 11 market analysts covering the stock. The analyst consensus now points to 
a rating of ‘hold’. The range between the high target price and low target price
is between 100 and 66 and has a mean target at $89.73. Given that the stocks previous
close was at $82.00 this indicates there is a potential upside of 9.4%. The 50 day
moving average now sits at $87.06 and the 200 moving average now moves to $83.44.
The company has a market capitalization of 22.01B. The stock price is currently 
at: 82.8 USD

 The potential market cap would be $24,080,745,520 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 31.97, 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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