The JM Smucker (SJM) Stock Rating Lowered by Credit Suisse Group

Lloyd Doyle
April 19, 2018

Credit Suisse Group downgraded shares of The J.M. Smucker from a "neutral" rating to a "sell" rating and set a $110.00 target price for the company.in a research note on Monday. Its down 66.41% from 15.44 million shares previously. Moon Capital Management Llc who had been investing in Apple Computer for a number of months, seems to be bullish on the $902.97B market cap company. The stock decreased 1.46% or $3.61 during the last trading session, reaching $243.82. About 517,619 shares traded. Man Wah Holdings Limited (OTCMKTS:MAWHF) has 0.00% since April 18, 2017 and is. It has underperformed by 3.38% the S&P500.

MetLife Investment Advisors LLC bought a new position in The J.M. Smucker Company (NYSE:SJM) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,385 shares of the company's stock after buying an additional 63 shares during the period.

Moon Capital Management Llc, which manages about $166.36M and $97.61B US Long portfolio, decreased its stake in Liberty Global Plc Class C (NASDAQ:LBTYK) by 2,425 shares to 141,116 shares, valued at $4.78B in 2017Q4, according to the filing. Smucker J M Co New now has $13.70 billion valuation. The stock decreased 0.44% or $0.525 during the last trading session, reaching $120.025. About 1.41M shares traded.

The J.M. Smucker (NYSE:SJM) last released its earnings results on Friday, February 16th. It has underperformed by 19.44% the S&P500. Zacks Investment Research downgraded The J.M. Smucker from a buy rating to a hold rating in a research report on Wednesday, February 21st. Therefore 30% are positive.

On average, analysts expect that The J.M. Smucker will report full year sales of $1.81 billion for the current year, with estimates ranging from $7.31 billion to $7.39 billion. The rating was downgraded by Goldman Sachs on Monday, April 4 to "Sell". The stock of The J.M. Smucker Company (NYSE:SJM) has "Equal-Weight" rating given on Wednesday, July 19 by Stephens. Five investment analysts have rated the stock with a sell rating, six have issued a hold rating and six have given a buy rating to the company. Morgan Stanley has "Sell" rating and $114.0 target. The company presently has a consensus rating of "Hold" and an average price target of $138.55. Morgan Stanley maintained The J.M. Smucker Company (NYSE:SJM) rating on Monday, August 21. The stock of The J.M. Smucker Company (NYSE:SJM) has "Neutral" rating given on Thursday, September 22 by Hilliard Lyons. On Wednesday, January 10 the stock rating was maintained by Credit Suisse with "Hold". The stock of The J.M. Smucker Company (NYSE:SJM) has "Equal-Weight" rating given on Wednesday, July 19 by Stephens. During the same quarter a year ago, the business posted $2.00 EPS. SJM's profit will be $251.06 million for 13.58 P/E if the $2.21 EPS becomes a reality. The company reported $2.00 earnings per share (EPS) for the quarter, hitting the Thomson Reuters' consensus estimate of $2.00.

Investors sentiment increased to 0.94 in 2017 Q4. Its up 0.03, from 0.7 in 2017Q3. It improved, as 53 investors sold SJM shares while 236 reduced holdings. 151 funds opened positions while 637 raised stakes. 3,436 are held by Wealth Enhancement Advisory Service Limited Liability. On average, equities research analysts predict that J M Smucker Co will post $7.65 earnings per share for the current fiscal year. State Street Corporation has 3.98M shares for 0.01% of their portfolio.


The J.M. Smucker Company manufactures and markets branded food and beverage products worldwide. Maryland-based Profund Advsrs Ltd Liability has invested 0.01% in The J.M. Smucker Company (NYSE:SJM). Capital Advisors Limited Limited Liability Company has invested 0% in The J.M. Smucker Company (NYSE:SJM). Wesbanco Bancorp owns 5,976 shares. Jane Street Group, New York-based fund reported 5,073 shares. Old Mutual Customised Solutions (Proprietary) Ltd holds 44,547 shares or 0.45% of its portfolio. Independence Bank of Kentucky bought a new position in The J.M. Smucker in the fourth quarter valued at $173,000. Chevy Chase Trust reported 99,428 shares. Moreover, Natl Bank Of Montreal Can has 0% invested in Sangamo Therapeutics, Inc. Parsons Cap Mgmt Ri accumulated 2,425 shares.

Among 10 analysts covering Sangamo Biosciences (NASDAQ:SGMO), 7 have Buy rating, 1 Sell and 2 Hold.

Continental Advisors Llc, which manages about $318.00 million and $462.81 million US Long portfolio, upped its stake in Vaneck Vectors Etf Tr (Call) by 165,000 shares to 225,000 shares, valued at $5.23 million in 2017Q4, according to the filing.

Investors sentiment increased to 0.87 in 2017 Q4. Its down 0.03, from 1.02 in 2017Q3. 35 funds opened positions while 46 raised stakes. Carnegie Asset Mgmt Lc invested in 157,637 shares. Jacobs Levy Equity Management holds 0.01% or 40,540 shares. (NASDAQ:AAPL) for 1.29 million shares. (NYSE:WMT) for 4,667 shares. Texas Permanent School Fund, a Texas-based fund reported 31,009 shares. Speece Thorson Cap Group Inc owns 169,397 shares. Schaller Invest Grp Incorporated accumulated 2,854 shares or 0.2% of the stock. Bingham Osborn Scarborough Ltd Llc invested in 6,564 shares or 0.07% of the stock. Centre Asset Limited Company holds 1.98% or 58,270 shares. Aqr Management Ltd Liability Corp, a Connecticut-based fund reported 1.51M shares. Everett Harris Ca reported 913,558 shares or 3.56% of all its holdings. (NASDAQ:SGMO). Utd Capital Fin Advisers Lc reported 32,314 shares. Nikko Asset Americas has 1,300 shares for 0% of their portfolio. Therefore 70% are positive. Electronics for Imaging had 37 analyst reports since July 21, 2015 according to SRatingsIntel. On Monday, October 9 the stock rating was maintained by UBS with "Buy". On Friday, December 18 the stock rating was initiated by Atlantic Securities with "Neutral". The firm earned "Buy" rating on Friday, September 4 by Cowen & Co. The rating was maintained by Keefe Bruyette & Woods with "Hold" on Monday, December 4. The firm earned "Hold" rating on Friday, February 2 by Bernstein. Deutsche Bank AG assumed coverage on J M Smucker in a report on Wednesday, February 15th. The firm has "Outperform" rating by Credit Suisse given on Wednesday, September 16.

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