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NYSE: MKC
Mccormick & Co Inc Stock Forecast, Predictions & Price Target

Analyst price target for MKC

Based on 7 analysts offering 12 month price targets for Mccormick & Co Inc.
Min Forecast
$66.00-23.01%
Avg Forecast
$76.14-11.18%
Max Forecast
$90.00+4.98%

Should I buy or sell MKC stock?

Based on 7 analysts offering ratings for Mccormick & Co Inc.
Sell
Strong Buy
0 analysts 0%
Buy
1 analysts 14.29%
Hold
3 analysts 42.86%
Sell
1 analysts 14.29%
Strong Sell
2 analysts 28.57%

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MKC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Stifel Nicolaus
Top 22%
79
HoldReinstates$82.00-4.35%2023-04-14
Deutsche Bank
Bottom 18%
18
HoldMaintains$75.00-12.52%2023-03-29
JP Morgan
Top 8%
93
Strong SellMaintains$66.00-23.01%2023-03-29
Bank of America
Top 19%
82
SellMaintains$75.00-12.52%2023-03-29
UBS
Bottom 13%
13
Strong SellInitiates Coverage On$71.00-17.18%2023-03-10
Deutsche Bank
Top 9%
92
HoldMaintains$74.00-13.68%2023-01-27
Bernstein
Top 19%
82
BuyUpgrades$90.00+4.98%2023-01-27

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Forecast return on equity

Is MKC forecast to generate an efficient return?
Company
19.5%
Industry
20.54%
Market
13.42%
MKC's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is MKC forecast to generate an efficient return on assets?
Company
7.19%
Industry
7.43%
MKC is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

MKC earnings growth forecast

How is MKC forecast to perform vs Packaged Foods companies and vs the US market?
Company
33.47%
Industry
26.51%
Market
115.27%
MKC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
MKC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
MKC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

MKC revenue growth forecast

How is MKC forecast to perform vs Packaged Foods companies and vs the US market?
Company
5.55%
Industry
3.96%
Market
17.22%
MKC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
MKC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

MKC vs Food Stocks

TickerPricePrice TargetUp/downsideConsensus
MKC$85.73$76.14-11.18%Sell
K$66.77$71.67+7.33%Hold
HRL$38.25$44.60+16.60%Hold
CAG$34.87$41.22+18.22%Buy
LW$111.20$121.25+9.04%Buy

Mccormick & Co Stock Forecast FAQ

Is Mccormick & Co Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 7 Wall Street analysts covering (NYSE: MKC) stock is to Sell MKC stock.

Out of 7 analysts, 0 (0%) are recommending MKC as a Strong Buy, 1 (14.29%) are recommending MKC as a Buy, 3 (42.86%) are recommending MKC as a Hold, 1 (14.29%) are recommending MKC as a Sell, and 2 (28.57%) are recommending MKC as a Strong Sell.

If you're new to stock investing, here's how to buy Mccormick & Co stock.

What is MKC's forecast return on equity (ROE) for 2023-2024?

(NYSE: MKC) forecast ROE is 19.5%, which is considered weak.

What is MKC's Price Target?

According to 7 Wall Street analysts that have issued a 1 year MKC price target, the average MKC price target is $76.14, with the highest MKC stock price forecast at $90.00 and the lowest MKC stock price forecast at $66.00.

On average, Wall Street analysts predict that Mccormick & Co's share price could fall to $76.14 by Apr 14, 2024. The average Mccormick & Co stock price prediction forecasts a potential downside of 11.18% from the current MKC share price of $85.73.

What is MKC's forecast return on assets (ROA) for 2023-2024?

(NYSE: MKC) forecast ROA is 7.19%, which is lower than the forecast US Packaged Foods industry average of 7.43%.
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