Analyst Expectations for JM Smucker's Future
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 9 Wall Street analysts have published their opinions on JM Smucker (NYSE:SJM), with 2 somewhat bullish and 7 indifferent ratings. The average 12-month price target for JM Smucker is $134.0, with a high of $158.00 and a low of $119.00, representing a 9.02% decrease from the previous target of $147.29. Analysts use various methods, including company data and insider conversations, to predict stock performance.

December 06, 2023 | 7:00 pm
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NEGATIVE IMPACT
Analysts have a neutral outlook on JM Smucker with a downward revision in the average price target to $134, indicating a potential decrease in stock value.
The average price target for JM Smucker has been revised downwards, which typically reflects a bearish sentiment among analysts. This could lead to a negative short-term impact on the stock price as market participants adjust their expectations. The high relevance score is due to the direct mention of the company and its stock price targets. The importance is significant as price targets are a key factor in investment decisions, but not at the maximum because other factors also influence stock prices. The confidence level is high, given the clear consensus among analysts and the specific data provided.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100