EUR/USD likely to find a peak near 1.25: UBS
Jm Smucker Co (NYSE:SJM) stock recently reached a 52-week low, hitting a price of 93.85 USD. According to InvestingPro data, the company, with a market capitalization of $10 billion, maintains a solid 4.57% dividend yield and has increased its dividends for 15 consecutive years. This marks a significant downturn for the company, which has seen its stock value decrease by 15.89% over the past year. The decline reflects broader challenges faced by the company in the current market environment. InvestingPro analysis suggests the stock is currently in oversold territory, with analyst targets ranging from $94 to $127.44, while the company maintains a FAIR financial health score. As investors assess the implications of this new low, attention will likely focus on the company’s strategies to regain momentum and improve its financial standing.
In other recent news, J.M. Smucker’s recent financial results and future projections have prompted several analyst firms to adjust their outlook on the company. The company reported better-than-expected fourth-quarter earnings, with improvements in gross margins and lower expenses, although organic sales growth was weaker. Despite these positive results, J.M. Smucker’s fiscal year 2026 guidance disappointed investors, leading UBS to lower its price target to $115, while maintaining a Buy rating. UBS noted that the company’s long-term growth target for the Hostess brand was reduced to 3%, raising concerns about the brand’s performance.
TD Cowen also lowered its price target for J.M. Smucker to $105, citing challenges with the Hostess acquisition and coffee segment profitability, while maintaining a Hold rating. DA Davidson kept a Neutral rating with a $126 price target, highlighting macroeconomic pressures and trade uncertainties as ongoing concerns. Bernstein expressed concerns about the Hostess brand, lowering its price target to $94 and maintaining a Market Perform rating. Stifel reduced its price target to $106, noting challenges in the Sweet Baked Snacks segment despite strong performance in the legacy business. These developments reflect a cautious outlook among analysts as J.M. Smucker navigates its current business challenges.
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