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J.M. Smucker (NYSE:SJM) was upgraded by investment analysts at Stephens to an “overweight” rating in a note issued to investors on Tuesday, Analyst RN reports.

SJM has been the subject of a number of other recent research reports. Analysts at Deutsche Bank cut their price target on shares of J.M. Smucker from $110.00 to $102.00 in a research note on Monday, February 10th. They now have a “hold” rating on the stock. Finally, analysts at Wells Fargo & Co. downgraded shares of J.M. Smucker from a “market perform” rating to an “underperform” rating in a research note on Thursday, December 5th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $112.00.

J.M. Smucker (NYSE:SJM) opened at 91.81 on Tuesday. J.M. Smucker has a 52-week low of $87.10 and a 52-week high of $114.72. The stock’s 50-day moving average is $97.44 and its 200-day moving average is $104.7. The company has a market cap of $9.621 billion and a P/E ratio of 16.82.

J.M. Smucker (NYSE:SJM) last posted its quarterly earnings results on Friday, February 14th. The company reported $1.66 EPS for the quarter, missing the Thomson Reuters consensus estimate of $1.68 by $0.02. The company had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.53 billion. During the same quarter in the prior year, the company posted $1.47 earnings per share. The company’s quarterly revenue was down 6.0% on a year-over-year basis. Analysts expect that J.M. Smucker will post $5.71 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Monday, March 3rd. Stockholders of record on Friday, February 14th will be paid a dividend of $0.58 per share. This represents a $2.32 annualized dividend and a dividend yield of 2.53%. The ex-dividend date is Wednesday, February 12th.

The J. M. Smucker Company operates principally in the manufacturing and marketing of branded food products on a worldwide basis.

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