uploads///SMG Analysts NTM Recommendation and Target

What Do Analysts Recommend for Scotts Miracle-Gro?


Sep. 21 2017, Updated 9:07 a.m. ET

The Scotts Miracle-Gro Company

The Scotts Miracle-Gro Company (SMG) saw a sharp increase in its price last year. However, for the most part of this year, the company has had almost flat returns. Over the last one month, the stock has moved up by just about 1.2%, which dwarfs the monthly performance of peers (MXI) such as PotashCorp (POT), Mosaic (MOS), and Agrium (AGU).

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Analyst rating

The current consensus mean rating on the Scotts Miracle-Gro Company for the next-12-month period stood at 2.3 with a “buy” recommendation. Out of the ten analysts surveyed by Reuters, only two analysts had a “strong buy” recommendation on the stock, while three had a “buy” recommendation on the company for the next-12-month period.

A total of five analysts had a “hold” recommendation on the stock for the next 12 months. The above chart shows that the analysts’ recommendation for the Scotts Miracle-Gro Company has remained unchanged over the last couple of months.

None of the analysts had a “sell” or a “strong sell” recommendation on the stock for the next-12-month period. Let’s now look at the price target for the company.

Price target

As of September 18, the consensus mean price target on the Scotts Miracle-Gro company stood at $100.8, which would mean a 5.2% upside on the stock from the September closing price of $95.8. The price target on SMG has also remained almost unchanged month-over-month.

In the concluding part of this series, we’ll discuss analysts’ rating for Compass Minerals International (CMP).


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