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McCormick & Company Inc
NYSE:MKC

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McCormick & Company Inc Logo
McCormick & Company Inc
NYSE:MKC
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Price: 75.79 USD -1.89% Market Closed
Updated: Jul 27, 2024
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Wall Street
Price Targets

MKC Price Targets Summary
McCormick & Company Inc

Wall Street analysts forecast MKC stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for MKC is 78.14 USD with a low forecast of 67.67 USD and a high forecast of 97.65 USD.

Lowest
Price Target
67.67 USD
11% Downside
Average
Price Target
78.14 USD
3% Upside
Highest
Price Target
97.65 USD
29% Upside

MKC Last Price Targets
McCormick & Company Inc

The latest public price target was made on Jun 28, 2024 by Steve Powers from Deutsche Bank , who expects MKC stock to drop by 4% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Steve Powers
Deutsche Bank
73 USD
Downside 4%
4 weeks ago
Jun 28, 2024
Deutsche Bank on McCormick & Company (MKC): 'favorable momentum/ fundamental positioning'
StreetInsider
John Staszak
Argus Research
80 USD
Upside 6%
4 weeks ago
Jun 28, 2024
McCormick & Company (MKC) PT Lowered to $80 at Argus
StreetInsider
Thomas Palmer
Coker Palmer
69 USD
Downside 9%
1 month ago
Jun 12, 2024
Citi Upgrades McCormick & Company (MKC) to Neutral
StreetInsider
John Staszak
Argus Research
88 USD
Upside 16%
3 months ago
Apr 2, 2024
Argus Upgrades McCormick & Company (MKC) to Buy Citing Improved Volumes
StreetInsider
Matthew Smith
Stifel Nicolaus
75 USD
Downside 1%
4 months ago
Mar 27, 2024
McCormick & Company (MKC) PT Raised to $75 at Stifel on higher growth and EPS estimates
StreetInsider
Alejandro Zamacona
HSBC
79 USD
Upside 4%
4 months ago
Mar 27, 2024
McCormick price target raised to $79 from $75 at HSBC
TheFly
Arun Sundaram
CFRA
85 USD
Upside 12%
4 months ago
Mar 26, 2024
CFRA Upgrades McCormick & Company (MKC) to Buy
StreetInsider
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Steve Powers
Deutsche Bank
Price Target 73 USD
Upside/Downside 4%
View Source
John Staszak
Argus Research
Price Target 80 USD
Upside/Downside 6%
View Source
Thomas Palmer
Coker Palmer
Price Target 69 USD
Upside/Downside 9%
View Source
John Staszak
Argus Research
Price Target 88 USD
Upside/Downside 16%
View Source
Matthew Smith
Stifel Nicolaus
Price Target 75 USD
Upside/Downside 1%
View Source
Alejandro Zamacona
HSBC
Price Target 79 USD
Upside/Downside 4%
View Source
Arun Sundaram
CFRA
Price Target 85 USD
Upside/Downside 12%
View Source
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Revenue
Forecast

Revenue Estimate
McCormick & Company Inc

For the last 8 years the compound annual growth rate for McCormick & Company Inc's revenue is 6%. The projected CAGR for the next 3 years is 2%.

6%
Past Growth
2%
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Operating Income
Forecast

Operating Income Estimate
McCormick & Company Inc

For the last 8 years the compound annual growth rate for McCormick & Company Inc's operating income is 7%. The projected CAGR for the next 3 years is 6%.

7%
Past Growth
6%
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Net Income
Forecast

Net Income Estimate
McCormick & Company Inc

For the last 8 years the compound annual growth rate for McCormick & Company Inc's net income is 7%. The projected CAGR for the next 3 years is 10%.

7%
Past Growth
10%
Estimated Growth
Estimates Accuracy
-6%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is MKC's stock price target?
Price Target
78.14 USD

According to Wall Street analysts, the average 1-year price target for MKC is 78.14 USD with a low forecast of 67.67 USD and a high forecast of 97.65 USD.

What is McCormick & Company Inc's Revenue forecast?
Projected CAGR
2%

For the last 8 years the compound annual growth rate for McCormick & Company Inc's revenue is 6%. The projected CAGR for the next 3 years is 2%.

What is McCormick & Company Inc's Operating Income forecast?
Projected CAGR
6%

For the last 8 years the compound annual growth rate for McCormick & Company Inc's operating income is 7%. The projected CAGR for the next 3 years is 6%.

What is McCormick & Company Inc's Net Income forecast?
Projected CAGR
10%

For the last 8 years the compound annual growth rate for McCormick & Company Inc's net income is 7%. The projected CAGR for the next 3 years is 10%.