Mead Johnson Nutrition CO (NYSE:MJN) has received a consensus recommendation of “Hold” from the fifteen research firms that are presently covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation and thirteen have assigned a hold recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $82.50.

Several research analysts have commented on the stock. Canaccord Genuity reiterated a “speculative buy” rating on shares of Mead Johnson Nutrition CO in a report on Wednesday, July 5th. BMO Capital Markets reiterated a “hold” rating and issued a $90.00 target price on shares of Mead Johnson Nutrition CO in a report on Thursday, June 15th. Finally, BidaskClub upgraded shares of Mead Johnson Nutrition CO from a “sell” rating to a “hold” rating in a report on Wednesday, June 14th.

Several hedge funds have recently bought and sold shares of MJN. UBS Asset Management Americas Inc. boosted its holdings in shares of Mead Johnson Nutrition CO by 9.1% during the first quarter. UBS Asset Management Americas Inc. now owns 464,548 shares of the company’s stock worth $41,382,000 after purchasing an additional 38,905 shares during the period. State of Wisconsin Investment Board boosted its holdings in shares of Mead Johnson Nutrition CO by 116.6% during the first quarter. State of Wisconsin Investment Board now owns 221,327 shares of the company’s stock worth $19,716,000 after purchasing an additional 119,152 shares during the period. Mutual of America Capital Management LLC boosted its holdings in shares of Mead Johnson Nutrition CO by 0.4% during the first quarter. Mutual of America Capital Management LLC now owns 22,671 shares of the company’s stock worth $2,020,000 after purchasing an additional 88 shares during the period. BBT Capital Management LLC acquired a new stake in shares of Mead Johnson Nutrition CO during the first quarter worth approximately $10,690,000. Finally, Ffcm LLC boosted its holdings in shares of Mead Johnson Nutrition CO by 4.3% during the first quarter. Ffcm LLC now owns 5,586 shares of the company’s stock worth $498,000 after purchasing an additional 231 shares during the period. Institutional investors and hedge funds own 88.40% of the company’s stock.

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Shares of Mead Johnson Nutrition CO (NYSE MJN) traded down 0.01% during trading on Friday, hitting $89.98. 11,923,467 shares of the company traded hands. The firm has a 50 day moving average price of $89.62 and a 200-day moving average price of $84.34. Mead Johnson Nutrition CO has a one year low of $69.25 and a one year high of $94.40.

About Mead Johnson Nutrition CO

Mead Johnson Nutrition Company (Mead Johnson) is a pediatric nutrition company. The Company manufactures, distributes and sells infant formulas, children’s nutrition and other nutritional products. The Company operates through three segments: Asia, Latin America and North America/Europe. Its product portfolio includes routine and specialty infant formulas, children’s milks and milk modifiers, dietary supplements for pregnant and breastfeeding mothers, pediatric vitamins, and products for pediatric metabolic disorders.

Analyst Recommendations for Mead Johnson Nutrition CO (NYSE:MJN)

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