RBC Capital has initiated coverage on JM Smucker (SJM, Financial) with an "Outperform" rating. The report, authored by analyst Nik Modi, was released on July 7, 2025.
The investment firm has set a price target of $130.00 USD for SJM, reflecting confidence in the stock's potential for growth. This marks RBC Capital's initial rating and coverage for JM Smucker.
Investors should note that the "Outperform" rating indicates RBC Capital's expectation that SJM will perform better than the overall market or its sector over the long term. The announcement could influence investor sentiment and impact the stock's performance in the coming months.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 15 analysts, the average target price for JM Smucker Co (SJM, Financial) is $111.77 with a high estimate of $126.00 and a low estimate of $94.00. The average target implies an upside of 7.96% from the current price of $103.53. More detailed estimate data can be found on the JM Smucker Co (SJM) Forecast page.
Based on the consensus recommendation from 19 brokerage firms, JM Smucker Co's (SJM, Financial) average brokerage recommendation is currently 2.7, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for JM Smucker Co (SJM, Financial) in one year is $133.71, suggesting a upside of 29.15% from the current price of $103.53. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the JM Smucker Co (SJM) Summary page.