JPMorgan Maintains Overweight Rating on McCormick (MKC)

2 hours ago 3

Jeff Lewis

Wed, June 17, 2026 astatine 12:36 PM CDT 2 min read

McCormick & Company, Incorporated (NYSE:MKC) is 1 of the 10 Undervalued Counter Cyclical Stocks to Buy Now.

On June 12, 2026, JPMorgan lowered the firm's terms people connected McCormick & Company, Incorporated (NYSE:MKC) to $63 from $64 and maintained an Overweight standing connected the shares arsenic portion of a Q2 net preview. JPMorgan said the institution reiterating its yearly guidance "seems well-telegraphed."

Meanwhile, UBS expert Peter Grom lowered the firm's terms people connected McCormick & Company, Incorporated (NYSE:MKC) to $51 from $53 and maintained a Neutral standing connected the shares. Grom said UBS updated its expectations crossed Food to bespeak request trends and inflation.

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On May 29, 2026, Reuters reported that activistic hedge money Toms Capital Investment Management had built a important involvement successful McCormick & Company, Incorporated (NYSE:MKC), citing sources acquainted with the matter. Toms bought McCormick during Q2 aft the institution announced its planned acquisition of Unilever's (UL) nutrient business, according to the report. Reuters besides said Toms "prefers to enactment successful the inheritance and propulsion for changes retired of the limelight." Shares of McCormick roseate 75c to $47.58 pursuing the report.

McCormick & Company, Incorporated (NYSE:MKC) manufactures, markets, and distributes herbs, spices, seasoning mixes, condiments, and different flavorful products for the nutrient industry.

While we admit the imaginable of MKC arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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