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McCormick & Co stock has reached a new 52-week low, hitting a price of 65.94 USD. This marks a significant downturn for the company, which has seen its stock value decrease by 20.38% over the past year. The spice and flavoring giant has faced challenges that have impacted its market performance, contributing to this notable decline. As the company navigates these hurdles, investors and analysts will be closely monitoring its strategies to regain momentum and improve its standing in the competitive food industry. According to InvestingPro analysis, which offers 6 additional key insights, analyst targets suggest up to 25% potential upside, though the company currently trades above its Fair Value. The platform’s Financial Health Score indicates "FAIR" overall condition, with particularly strong profitability metrics.
In other recent news, McCormick & Company is set to increase its ownership stake in McCormick de Mexico from 50% to 75% by acquiring an additional 25% stake for $750 million. This transaction is anticipated to close in early 2026 and will be financed through a mix of cash and debt. The acquisition is valued at approximately 12 times the 2025 EBITDA. Meanwhile, JPMorgan has upgraded McCormick’s stock to Overweight, raising its price target to $83.00, citing growth prospects as a key reason for the upgrade. On the other hand, UBS has lowered its price target for McCormick to $79.00, maintaining a Neutral rating due to concerns over the Flavor Solutions segment and tariff uncertainties. Despite this, TD Cowen reiterated its Buy rating, viewing the increased stake in the Mexican venture positively with a price target of $82.00. These developments reflect varying analyst perspectives on McCormick’s strategic moves and market position.
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