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Enter Symbol:
 
J.m. Smucker Company (the) (SJM) [hlAlert]

Rating:
Underperform
SJM
down 10.88 %

J.m. Smucker Company (the) (SJM) rated Underperform by Wells Fargo

Posted on: Thursday,  Dec 5, 2013  8:25 AM ET by Wells Fargo

Wells Fargo rated Underperform J.m. Smucker Company (NYSE: SJM) on 12/05/2013, when the stock price was $103.63.
Since then, J.m. Smucker Company has gained 12.22% as of 01/07/2016's recent price of $116.29.
If you would have followed this Wells Fargo's recommendation on SJM, you would have lost 10.88% of your investment in 763 days.

The J. M. Smucker Company is engaged in the manufacturing and marketing of branded food products on a worldwide basis. Majority of the Company?s sales are in the United States. The Company?s operations outside the United States are principally in Canada, although products are exported to other countries as well. The J.M. Smucker Company operates in four segments: U.S. retail consumer market, U.S. retail oils and baking market, U.S. retail coffee market, and special markets. The J. M. Smucker Company?s three U.S. retail market segments in total comprised nearly 80 % of the Company?s net sales during the fiscal year ended April 30, 2009 (fiscal 2009). The special markets segment represents sales outside of the U.S. retail markets and includes the Company?s Canada, foodservice, natural foods (formerly beverage), and international businesses. Sales to Wal-Mart Stores, Inc., and its subsidiaries amounted to approximately 24 % of the Company?s net sales during fiscal 2009.

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/5/2013 8:25 AM Sell
None
103.63
as of 12/13/2013
1 Week up  3.74 %
1 Month up  3.10 %
3 Months   
1 YTD up  3.10 %

(*) Stock Price at the time of the recommendation.
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