UBS has started coverage on J.M. Smucker (SJM, Financial), assigning it a Buy rating and setting a price target of $134. This target indicates a potential 15% increase from current levels.
The firm highlights a forecast for consistent, though modest, organic revenue growth over the next year to 18 months. Despite potential challenges posed by coffee-related inflation, which may cause earnings per share growth to fall short of the company's usual high single-digit targets by fiscal 2026, UBS believes that this expectation is already reflected in the stock's pricing.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 15 analysts, the average target price for JM Smucker Co (SJM, Financial) is $119.30 with a high estimate of $135.00 and a low estimate of $104.00. The average target implies an upside of 1.33% from the current price of $117.73. More detailed estimate data can be found on the JM Smucker Co (SJM) Forecast page.
Based on the consensus recommendation from 19 brokerage firms, JM Smucker Co's (SJM, Financial) average brokerage recommendation is currently 2.7, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for JM Smucker Co (SJM, Financial) in one year is $74.05, suggesting a downside of 37.1% from the current price of $117.73. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the JM Smucker Co (SJM) Summary page.
