Stock Rating Upgrade
In recent days the Value Trend Rating for The J M Smucker Company (NYSE: SJM) improved from D to C reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
The J M Smucker Company (NYSE: SJM) stock closed at $108.70 on 6/21/24 after a slight decline of -0.9%. Moreover, unusually high trading volume at 154% of normal accompanied the decline. The stock has been weak relative to the market over the last nine months and has declined -1.3% 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 C (Low Neutral). This VT Rating improved in recent days from D previously. 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 52 and a slightly negative Power Rating of 35, with the Low Neutral Value Trend Rating the result.
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