Tag: stock valuation

Symantec’s near-term sales and profits are projected to see increased growth.

Sina (SINA) shares rose over 7.0% in the last month. The stock slowly staged a comeback after a very disappointing May.

Of the 33 analysts covering Oracle (ORCL), eight have given the stock “buy” ratings, while 21 have given it “holds.” Four analysts have given the stock “sell” ratings.

Most of the analysts maintained a neutral view on McCormick (MKC) stock due to the company’s high valuation.

After General Mills' (GIS) fourth-quarter fiscal 2019 release, Evercore ISI lowered its target price on the stock to $54 from $56.

In the second quarter, Chevron (CVX) stock has risen 1% due to a 10% recovery in June. The company's peers have put up a mixed performance in the second quarter.

Wall Street has a price target of $114.54 per share on the J.M. Smucker Company (SJM), implying a potential downside of 5.6% based on its closing price of $121.31 on June 24.

After Credit Suisse’s “outperform” rating on June 25, Chipotle stock rose to a high of $739.96. However, the stock lost some of its gains due to weakness in the broader equity market.

As of June 21, Kroger (KR) was trading at a 12-month forward PE ratio of 9.9x. The company's forward valuation multiple has fallen 5.4% since its first-quarter results on June 20.