Until now, we’ve covered estimates for Scotts Miracle-Gro Company (SMG) for 2017 and compared its forward valuation multiple with those of its peers.
Let’s look at analysts’ recommendations and price targets for SMG for the next 12 months.
Of the ten analysts surveyed by Reuters, five have “strong buy” to “buy” recommendations, four have “hold” recommendations, and one has a “sell” recommendation on Scotts Miracle-Gro for the next 12 months.
On December 5, 2016, Scotts Miracle-Gro closed at $91.1 per share. According to the ten analysts surveyed by Reuters, the median price target for Scotts Miracle-Gro over the next 12 months stands at $92, ~1% higher than its current market price.