Barclays Keeps Hold Rating on McCormick & Co. with $82 Price Target

Barclays analyst Andrew Lazar maintains a Hold rating on McCormick & Company with a price target of $82.00. The analyst has a 3-star rating and a 53.02% success rate, covering the Consumer Defensive sector. The consensus rating on the street is Moderate Buy with a $85.43 average price target, implying a 20.21% upside from current levels. McCormick & Company reported a quarterly revenue of $1.66 billion and a net profit of $175 million for the quarter ending May 31.

McCormick & Company, Incorporated (MKC) recently reported its second-quarter (Q2) financial results, with analysts offering varying opinions on the stock's performance and future prospects. The global flavor and spice leader reported a 1% increase in net sales to $1.66 billion, driven by strength in its Consumer segment, while the Flavor Solutions segment remained flat [1]. Despite the mixed performance, the stock experienced a 5.3% jump following the earnings release.

Analysts from various firms have weighed in on McCormick's Q2 results and their outlook for the company. For instance, UBS analyst Bryan Adams reaffirmed a "Neutral" rating on McCormick and lowered the stock's price target from $83 to $79, a 4.82% reduction [1]. Meanwhile, T. Rowe Price Investment Management Inc. increased its position in McCormick & Company by 28.6%, acquiring over 920,000 shares and holding approximately 1.54% of the company valued at $340.4 million as of its latest SEC filing [2].

Barclays analyst Andrew Lazar maintains a Hold rating on McCormick & Company with a price target of $82.00. The analyst has a 3-star rating and a 53.02% success rate, covering the Consumer Defensive sector. The consensus rating on the street is Moderate Buy with a $85.43 average price target, implying a 20.21% upside from current levels. McCormick & Company reported a quarterly revenue of $1.66 billion and a net profit of $175 million for the quarter ending May 31 [1].

The company reaffirmed its full-year outlook for 0–2% sales growth and adjusted EPS of $3.03–3.08, signaling confidence in mitigating cost pressures and sustaining performance. For fiscal 2025, analysts expect MKC’s EPS to grow 3.1% to $3.04 on a diluted basis [1].

References:

[1] https://www.barchart.com/story/news/34347515/what-are-wall-street-analysts-target-price-for-mccormick-company-stock
[2] https://www.marketbeat.com/instant-alerts/filing-t-rowe-price-investment-management-inc-grows-position-in-mccormick-company-incorporated-mkc-2025-08-21/