Are Analysts Bearish The J. M. Smucker Company (NYSE:SJM) After Last Week?

May 20, 2018 - By Adrian Mccoy

Investors sentiment increased to 0.94 in 2017 Q4. Its up 0.05, from 0.89 in 2017Q3. It improved, as 53 investors sold The J. M. Smucker Company shares while 236 reduced holdings. 94 funds opened positions while 179 raised stakes. 84.66 million shares or 1.41% more from 83.48 million shares in 2017Q3 were reported.
Tdam Usa has 3,428 shares. Oakworth Cap holds 0% of its portfolio in The J. M. Smucker Company (NYSE:SJM) for 6 shares. Schroder Invest Mngmt Gru holds 582,000 shares. Peapack Gladstone Fincl Corporation reported 4,974 shares. Lee Danner And Bass holds 7,634 shares or 0.1% of its portfolio. Cardinal Capital Inc owns 112,985 shares for 1.19% of their portfolio. Mcrae Cap Mgmt Inc owns 1,695 shares for 0.09% of their portfolio. Meiji Yasuda Life Ins owns 2,900 shares for 0.05% of their portfolio. Old Savings Bank In owns 3,135 shares or 0.02% of their US portfolio. Moreover, Cornercap Counsel has 0.35% invested in The J. M. Smucker Company (NYSE:SJM). Ingalls & Snyder Ltd Co holds 7,978 shares or 0.05% of its portfolio. American Century Companies Incorporated, Missouri-based fund reported 994,261 shares. Rowland And Invest Counsel Adv, a Georgia-based fund reported 7,114 shares. Richard C Young & Com Ltd holds 0.35% or 15,153 shares. Fjarde Ap has invested 0.06% of its portfolio in The J. M. Smucker Company (NYSE:SJM).

The J. M. Smucker Company (NYSE:SJM) Ratings Coverage

Among 9 analysts covering JM Smucker (NYSE:SJM), 2 have Buy rating, 2 Sell and 5 Hold. Therefore 22% are positive. JM Smucker had 11 analyst reports since January 4, 2018 according to SRatingsIntel. Citigroup maintained The J. M. Smucker Company (NYSE:SJM) rating on Thursday, April 5. Citigroup has “Buy” rating and $155 target. Susquehanna maintained the stock with “Buy” rating in Monday, February 12 report. The firm earned “Hold” rating on Thursday, April 5 by Stephens. The company was maintained on Tuesday, February 20 by JP Morgan. Stifel Nicolaus maintained it with “Hold” rating and $133.0 target in Thursday, January 25 report. The rating was maintained by Wells Fargo with “Hold” on Thursday, January 4. The stock of The J. M. Smucker Company (NYSE:SJM) earned “Equal-Weight” rating by Barclays Capital on Tuesday, February 20. The firm has “Underperform” rating by Credit Suisse given on Monday, April 16. On Tuesday, February 20 the stock rating was maintained by Deutsche Bank with “Hold”. The firm has “Hold” rating by Credit Suisse given on Wednesday, January 10. Below is a list of The J. M. Smucker Company (NYSE:SJM) latest ratings and price target changes.

16/04/2018 Broker: Credit Suisse Old Rating: Neutral New Rating: Underperform Old Target: $110 Downgrade
05/04/2018 Broker: Stephens Rating: Hold New Target: $130.0000 Maintain
05/04/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $146 New Target: $155 Maintain
20/02/2018 Broker: JP Morgan Old Rating: Sell New Rating: Sell Old Target: $121 New Target: $132 Maintain
20/02/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $120 New Target: $125 Maintain
20/02/2018 Broker: Deutsche Bank Old Rating: Hold New Rating: Hold Old Target: $130 New Target: $134 Maintain
16/02/2018 Broker: Barclays Capital Rating: Hold New Target: $125.0
12/02/2018 Broker: Susquehanna Rating: Buy New Target: $148.0 Maintain
25/01/2018 Broker: Stifel Nicolaus Rating: Hold New Target: $133.0 Maintain
10/01/2018 Broker: Credit Suisse Rating: Hold New Target: $120.0 Maintain

The stock decreased 3.04% or $3.38 during the last trading session, reaching $107.94. About 1.73 million shares traded or 66.66% up from the average. The J. M. Smucker Company (NYSE:SJM) has declined 7.89% since May 20, 2017 and is downtrending. It has underperformed by 19.44% the S&P500.

The J. M. Smucker Company manufactures and markets branded food and beverage products worldwide. The company has market cap of $12.26 billion. It operates through U.S. It has a 9.74 P/E ratio. Retail Coffee, U.S.

More notable recent The J. M. Smucker Company (NYSE:SJM) news were published by: Bizwest.com which released: “Smucker to hold more job sessions for Longmont plant” on May 15, 2018, also Investorplace.com with their article: “7 Consumer Goods Stocks That Will Rise Again” published on May 11, 2018, Investorplace.com published: “5 Top Stock Trades for Friday Morning” on May 10, 2018. More interesting news about The J. M. Smucker Company (NYSE:SJM) were released by: Crainscleveland.com and their article: “JM Smucker Co. sets new leadership for pets business” published on May 02, 2018 as well as Seekingalpha.com‘s news article titled: “Packaged food stocks follow Campbell Soup lower” with publication date: May 18, 2018.

The J. M. Smucker Company (NYSE:SJM) Institutional Positions Chart

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