UBS Reiterates Rating on SJM $SJM
Key Points
- UBS now rates The J. M. Smucker Company ($SJM) "buy" with a $130.00 target.
- The Street's average $SJM price target is $121.59 (Buy).
- $SJM last traded around $116.84.
UBS reiterated its rating on The J. M. Smucker Company ($SJM) to a "buy" rating, with a price target of $130.00 in a recent research note.
The J. M. Smucker Company ($SJM) Stock
The J. M. Smucker Company Earnings
The J. M. Smucker Company Dividend
Analysts Set New Price Targets
About The J. M. Smucker Company
The J. M. Smucker Company manufactures and markets branded food and beverage products worldwide. The company operates through four segments: U.S. Retail Coffee, U.S. Retail Frozen Handheld and Spreads, U.S. Retail Pet Foods, and Sweet Baked Snacks. It offers coffee, sweet baked goods, pet snacks, frozen handheld products, peanut butter, cat and dog food, fruit and specialty spreads, cookies, frozen sandwiches and snacks, hot beverages, portion control products, toppings and syrups, baking mixes and ingredients, and flour. The company provides its products under the Folgers, Café Bustelo, Dunkin', Jif, Smucker's, Smucker's Uncrustables, Meow Mix, Milk-Bone, Pup-Peroni, Canine Carry Outs, Hostess, 1850, Robin Hood, and Five Roses brands. The company sells its products through direct sales and brokers to food retailers, club stores, discount and dollar stores, online retailers, pet specialty stores, distributors, drug stores, military commissaries, mass merchandisers, supermarket chains, national mass retailers, convenience stores, vending channels, and foodservice distributors and operators. The J. M. Smucker Company was founded in 1897 and is headquartered in Orrville, Ohio.
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