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McCormick & Co. (NYSE:MKC) released its earnings data on Wednesday. The company reported $1.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.18 by $0.07, Stock Ratings Network reports. The company had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.22 billion.

A number of research firms have recently commented on MKC. Analysts at Jefferies Group downgraded shares of McCormick & Co. from a “buy” rating to a “hold” rating in a research note to investors on Thursday, January 16th. They now have a $74.00 price target on the stock, down previously from $76.00. Analysts at Zacks reiterated a “neutral” rating on shares of McCormick & Co. in a research note to investors on Tuesday, November 12th. They now have a $73.00 price target on the stock. Seven equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $73.25.

McCormick & Company, Incorporated manufactures, markets and distributes spices, seasoning mixes, condiments and other flavorful products to the entire food industry, retail outlets, food manufacturers and foodservice businesses.

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