# McCormick & Company, Incorporated  Share Price Target ‘$76.72’, now .6% Upside Potential

- Link: https://www.directorstalkinterviews.com/mccormick-company-incorporated-share-price-target-76.72-now.6-upside-potential/4121154304
- Published: 2024-05-01T14:28:27+01:00
- Author: Charlotte Edwards

**McCormick & Company, Incorporated** which can be found using ticker (MKC) now 
have 14 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
$92.00 and $66.00 suggesting an average analyst share price target price of $76.72.(
at the time of writing). Given that the stocks previous close was at $76.29 and 
the analysts are correct then there would likely be a percentage uptick in value
of .6%. The 50 day MA is $71.80 and the 200 day moving average is $72.04. The market
cap for the company is 20.41B. The stock price for the company is currently is currently
$76.06 USD

 The potential market cap would be $20,521,917,817 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 29.03, 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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