McCormick's Stock Dips, But Analysts See Upside
Update: 2025-12-11
Description
McCormick and Company, the global spice and seasoning giant, has seen its stock price fluctuate recently. Despite a two-year high of $86.24 in March, the stock is now trading around 25% below that peak. Over the past three months, it has dropped by 6.2%, outpacing the overall food and beverage market. Year-to-date, the stock is down 15.7%, and over the past year, it has fallen by 21.5%, consistently trading below its 200-day moving average. However, McCormick recently reported better-than-expected third-quarter financial results, with a 2.7% year-over-year revenue growth to $1.7 billion. Despite the stocks recent challenges, analysts maintain a Moderate Buy rating, suggesting a potential upside of nearly 25% from current levels.
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