# McCormick & Company, Incorporated  Share Price Target ‘$76.61’, now .4% Upside Potential

- Link: https://www.directorstalkinterviews.com/mccormick-company-incorporated-share-price-target-76.61-now.4-upside-potential/4121167503
- Published: 2024-08-07T12:55:54+01:00
- Author: Charlotte Edwards

**McCormick & Company, Incorporated** with ticker code (MKC) now have 15 confirmed
analysts covering the stock with the consensus suggesting a rating of ‘hold’. The
target price High/Low ranges between $93.00 and $67.00 calculating the mean target
share price we have $76.61. (at the time of writing). Given that the stocks previous
close was at $76.29 this would imply there is now a potential upside of .4%. Also
worth taking note is the 50 day moving average now sits at $71.66 while the 200 
day moving average is $69.66. The market cap for the company is 20.66B. The stock
price is currently at: $76.89 USD

 The potential market cap would be $20,743,453,349 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 28.06, revenue per share of $24.89
and a 5.05% 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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