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MKC

McCormick

$96.91

3.9 (4.19%)

12:40
08/09/17
08/09
12:40
08/09/17
12:40

Technical View: McCormick hits session highs on very heavy volume

The shares were last at $96.86, up over 4.1% on the day and close to the session highs on very heavy volume against the 10-day average. At current price initial resistance is at $97.12 and then at $98.13. Support is at $95.82.

  • 09

    Aug

MKC McCormick
$96.91

3.9 (4.19%)

07/28/17
JEFF
07/28/17
UPGRADE
Target $110
JEFF
Buy
McCormick upgraded to Buy from Hold at Jefferies
Jefferies analyst Akshay Jagdale upgraded McCormick to Buy and raised his price target for the shares to $110 from $95. The analyst believes the recent underperformance provides a good entry point and thinks the RB Foods acquisition will accelerate earnings growth .
06/30/17
FBCO
06/30/17
NO CHANGE
Target $108
FBCO
Outperform
McCormick sets up for 'beat-and-raise' Q3 report, says Credit Suisse
Credit Suisse analyst Robert Moskow said he was surprised by the negative reaction in McCormick shares following the company's Q2 report and reiteration of its FY17 earnings outlook. He thinks strong volume growth, international price increases and easier gross margin comparisons will drive Q3 results and give management sufficient visibility to raise its earnings guidance at that time. The analyst, who notes that his $4.53 EPS estimate for 2018 is well above consensus, keeps an Outperform rating on McCormick shares.
06/16/17
06/16/17
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Hasbro (HAS) initiated with a Buy at Argus. 2. Kindred Biosciences (KIN) initiated with a Buy at Aegis. 3. Stanley Black & Decker (SWK) was initiated with a Buy at Seaport Global and resumed with an Outperform at Raymond James. 4. McCormick (MKC) initiated with a Neutral at Goldman Sachs. 5. Texas Instruments (TXN) resumed with a Market Perform at Raymond James. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
06/16/17
GSCO
06/16/17
INITIATION
Target $101
GSCO
Neutral
McCormick initiated with a Neutral at Goldman Sachs
Goldman Sachs analyst Adam Samuelson started McCormick with a Neutral rating and $101 price target. The analyst views the valuation as full and believes e-commerce disruption risk is high.

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SIG

Signet Jewelers

$75.84

-0.74 (-0.97%)

06:58
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GDX

Market Vector Gold Miners

$22.54

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GLD

SPDR Gold Trust

$121.31

-1.55 (-1.26%)

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NUGT

Direxion Gold Miners Bull

$28.92

-0.88 (-2.95%)

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SIG

Signet Jewelers

$75.84

-0.74 (-0.97%)

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JNUG

Direxion Daily Jr Gld Mnrs Bull 3X Shrs

$14.70

-0.82 (-5.28%)

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HZN

Horizon Global

$14.38

0.49 (3.53%)

06:57
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11/21
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Conference/Events
Horizon Global management to meet with Roth Capital »

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  • 28

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DUST

Direxion Daily Gold Miners Bear 3X ETF

$27.02

0.93 (3.56%)

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HK

Halcon Resources

$7.12

0.08 (1.14%)

06:56
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Conference/Events
Halcon Resources management to meet with Imperial Capital »

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  • 28

    Nov

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JDST

Direxion Daily Junior Gold Miners Index Bear 3x Shares

$65.13

3.43 (5.56%)

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MBIN

Merchants Bancorp

$17.68

0.05 (0.28%)

06:55
11/21/17
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Initiation
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MBIN

Merchants Bancorp

$17.68

0.05 (0.28%)

06:55
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VXX

iPath S&P 500 VIX Short-Term Futures

$33.36

-1.09 (-3.16%)

06:55
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BA

Boeing

$264.57

2.35 (0.90%)

06:55
11/21/17
11/21
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Recommendations
Boeing analyst commentary  »

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XIV

VelocityShares Daily Inverse VIX Short-Term ETN

$113.09

3.39 (3.09%)

06:54
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TVIX

VelocityShares Daily 2x VIX Short-Term ETN

$8.05

-0.54 (-6.29%)

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MAG

MAG Silver

$10.98

-0.07 (-0.63%)

06:54
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Downgrade
MAG Silver rating change  »

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MDT

Medtronic

$78.90

-0.59 (-0.74%)

06:54
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Hot Stocks
Medtronic CEO says Q2 results 'very encouraging' »

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FSM

Fortuna Silver Mines

06:53
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Fortuna Silver Mines rating change  »

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CDE

Coeur Mining

$7.42

0.05 (0.68%)

06:53
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Upgrade
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PAAS

Pan American Silver

$14.98

-0.22 (-1.45%)

06:53
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06:53
Upgrade
Pan American Silver rating change  »

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SVXY

ProShares Short VIX Short-Term Futures

$108.45

3.44 (3.28%)

06:53
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CRH

CRH

$36.23

0.61 (1.71%)

06:53
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11/21
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06:53
Periodicals
Building materials maker CRH on lookout for more deals, Reuters reports »

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CSRA

CSRA

$27.53

-0.09 (-0.33%)

06:53
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11/21
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06:53
Initiation
CSRA initiated  »

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MOV

Movado

$28.90

0.45 (1.58%)

06:52
11/21/17
11/21
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Earnings
Movado raises FY18 EPS view to $1.70-$1.75, consensus $1.63 »

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