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Mccormick & Company, Incorporated (MKC) [hlAlert]

Rating:
Buy MKC
up 168.85 %

Mccormick & Company, Incorporated (MKC) rated Buy with price target $43 by Davenport

Posted on: Monday,  Dec 1, 2008  11:25 AM ET by Davenport

Davenport rated Buy Mccormick & Company, Incorporated (NYSE: MKC) on 12/01/2008, when the stock price was $29.41. Since
then, Mccormick & Company, Incorporated has gained 168.85% as of 01/08/2016's recent price of $79.07.
If you would have followed this Davenport's recommendation on MKC, you would have gained 168.85% of your investment in 2594 days.

McCormick & Company, Incorporated (McCormick) is a diversified specialty food company and manufactures, markets and distributes flavor products, including spices, herbs, extracts, seasonings and flavorings, and other specialty food products to the entire food industry. The Company?s major sales, distribution and production facilities are located in North America and Europe. Additional facilities are located in Central America, Australia, China, Singapore, Thailand and South Africa. The Company operates in two business segments: consumer and industrial. In February 2008, the Company acquired Billy Bee Honey Products Ltd. On July 31, 2008, the Company completed its previously announced purchase from Conopco, Inc., an indirect subsidiary of Unilever N.V.

In response to the interests of our clients, we have developed a special strength in researching regional stocks, and we analyze one of the largest selections of these companies in our market. Our recommendations are based on painstaking assessments of a company and its industry, a thorough understanding of regional and national trends, visits to the business, and meetings with the management team.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/1/2008 11:25 AM Buy
None
29.41 43.00
as of 12/24/2008
1 Week down  -0.48 %
1 Month down  -1.66 %
3 Months   
1 YTD down  -1.66 %

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