McCormick Company Etf Target Price and Analyst Consensus

MKC Etf  USD 77.28  0.30  0.39%   
The current analyst and expert consensus on McCormick Company is Buy with 11 hold recommendations. The current projected McCormick Company target price consensus is 78.00 with 17 analyst opinions. One of the most common ways McCormick Company analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to McCormick Company vendors, executives, and/or customers. McCormick Company recommendation module provides expert sentiment on the projected McCormick Company target price to derive its highest and lowest estimates based on target price standard deviation. Check out Macroaxis Advice on McCormick Company to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
70.98
Highest Forecast
86.58
Target Price
78
  
It's important to approach McCormick Company's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize McCormick Company price targets

McCormick Company's etf target price is an estimate of its future price, usually made by analysts. Using McCormick Company's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at McCormick Company's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Etf's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the ETF's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if McCormick Company's etf is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional McCormick Company Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Etf value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of McCormick Company is a key component of McCormick Company valuation and have some predictive power on the future returns of a McCormick Company.
Hype
Prediction
LowEstimatedHigh
76.2377.3078.37
Details
Intrinsic
Valuation
LowRealHigh
72.7273.7985.01
Details
Naive
Forecast
LowNextHigh
77.6978.7679.83
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.720.730.74
Details

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Other Information on Investing in McCormick Etf

McCormick Company financial ratios help investors to determine whether McCormick Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in McCormick with respect to the benefits of owning McCormick Company security.