Stock Rating Downgrade
Recently the Value Trend Rating for The J M Smucker Company (NYSE: SJM) weakened from C to D reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
On 6/7/24, The J M Smucker Company (NYSE: SJM) stock declined slightly by -0.3%, closing at $114.98. Moreover, this decline was accompanied by above average trading volume at 130% of normal. Relative to the market the stock has been weak over the last nine months but has risen 6.5% during the last week.
Current PriceTarget Research Rating
SJM is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
J M Smucker has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. J M Smucker has a neutral Appreciation Score of 42 and a slightly negative Power Rating of 36, leading to the Negative Value Trend Rating.
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