J. M. Smucker (SJM) Stock Forecast & Price Target

$113.30 -0.59 (-0.52%)

(As of 11/22/2024 ET)

J. M. Smucker - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold

Based on 12 Analyst Ratings

Sell
1

Hold
7

Buy
4

Based on 12 Wall Street analysts who have issued ratings for J. M. Smucker in the last 12 months, the stock has a consensus rating of "Hold." Out of the 12 analysts, 1 has given a sell rating, 7 have given a hold rating, and 4 have given a buy rating for SJM.

Consensus Price Target

$127.09
12.17% Upside

According to the 12 analysts' twelve-month price targets for J. M. Smucker, the average price target is $127.09. The highest price target for SJM is $136.00, while the lowest price target for SJM is $121.00. The average price target represents a forecasted upside of 12.17% from the current price of $113.30.

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SJM Analyst Ratings Over Time

Type	Current Forecast 11/24/23 to 11/23/24	1 Month Ago 10/25/23 to 10/24/24	3 Months Ago 8/26/23 to 8/25/24	1 Year Ago 11/24/22 to 11/24/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	4 Buy rating(s)	5 Buy rating(s)	5 Buy rating(s)	2 Buy rating(s)
Hold	7 Hold rating(s)	7 Hold rating(s)	8 Hold rating(s)	9 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$127.09	$127.25	$132.57	$144.38
Forecasted Upside	12.17% Upside	8.72% Upside	8.63% Upside	27.47% Upside
Consensus Rating	Hold	Hold	Hold	Hold

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SJM Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

SJM Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

J. M. Smucker Stock vs. The Competition

Type	J. M. Smucker	Consumer Staples Companies	S&P 500
Consensus Rating Score	2.25	2.48	2.50
Consensus Rating	Hold	Hold	Moderate Buy
Predicted Upside	12.17% Upside	35.59% Upside	7.66% Upside
News Sentiment Rating	Positive News See Recent SJM News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
10/25/2024	Stifel Nicolaus 4 of 5 stars		Downgrade	Buy ➝ Hold	$135.00 ➝ $125.00	+6.80%
8/30/2024	Barclays 3 of 5 stars		Lower Target	Equal Weight ➝ Equal Weight	$123.00 ➝ $121.00	+5.90%
8/29/2024	BNP Paribas 3 of 5 stars	M. Gumport Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong Sell
8/29/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$138.00 ➝ $136.00	+20.25%
8/29/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$135.00 ➝ $132.00	+16.71%
8/29/2024	DA Davidson Subscribe to MarketBeat All Access for the recommendation accuracy rating	B. Holland Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Neutral ➝ Neutral	$121.00 ➝ $121.00	+6.81%
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8/29/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$140.00 ➝ $130.00	+13.31%
8/29/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$130.00 ➝ $122.00	+6.34%
6/13/2024	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating	T. Conrad Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$150.00 ➝ $135.00	+23.64%
2/28/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$126.00 ➝ $128.00	+2.87%
12/6/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$125.00 ➝ $126.00	+7.09%
12/6/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Equal Weight	$122.00	+5.06%
11/14/2023	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underperform ➝ Market Perform	$123.00 ➝ $119.00	+10.03%
9/1/2023	Consumer Edge Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underweight ➝ Equal Weight	$154.00	+6.24%
8/29/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$129.00 ➝ $130.00	-10.92%
6/8/2023	58.com Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Maintains
5/31/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$159.00 ➝ $157.00	+8.02%
12/15/2022	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$145.00 ➝ $165.00	+7.02%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 05:03 AM ET.

SJM Forecast - Frequently Asked Questions

: According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for J. M. Smucker is $127.09, with a high forecast of $136.00 and a low forecast of $121.00.
: 12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for J. M. Smucker in the last year. There is currently 1 sell rating, 7 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" SJM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SJM, but not buy additional shares or sell existing shares.
: According to analysts, J. M. Smucker's stock has a predicted upside of 12.17% based on their 12-month stock forecasts.
: Over the previous 90 days, J. M. Smucker's stock had 1 upgrade and 1 downgrade by analysts.
: J. M. Smucker has been rated by research analysts at Bank of America, Barclays, BNP Paribas, Citigroup, DA Davidson, Stifel Nicolaus, TD Cowen, and Wells Fargo & Company in the past 90 days.
: Analysts like J. M. Smucker less than other "consumer staples" companies. The consensus rating score for J. M. Smucker is 2.25 while the average consensus rating score for "consumer staples" companies is 2.48. Learn more on how SJM compares to other companies.

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This page (NYSE:SJM) was last updated on 11/23/2024 by MarketBeat.com Staff

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J. M. Smucker (SJM) Stock Forecast & Price Target