Key Highlights

● MKC closed at $44.78 on 9 October 2026.

● The second data set consensus target is $54.85 from 15 analysts.

● The analyst rating consensus is Buy.

● TD Cowen cut its target from $55 to $48.

McCormick (NYSE:MKC), a member of the S&P 500, closed at $44.78 on Friday 9 October 2026. Analyst targets sit well above that level. Recent broker revisions have mostly been downward.

What Is the Latest Analyst Price Target?

The second data set, drawing on third-party data from 15 analysts, shows an average 12-month target of $54.85 and a median of $55, about 22% above the close. Targets range from $47 to $65. Market data reports a very similar consensus of $55.30 from 13 ratings in the past year, with the same high and low. The recent named broker targets, from $47 to $65, are consistent with these averages.

What Are Wall Street Analysts Saying?

Opinion is mixed. Market data records five Buy, seven Hold and one Sell rating, a Hold consensus, whereas the second data set lists four Strong Buy, three Buy and eight Hold, which it summarises as Buy. The direction of recent revisions is down. On 2 October, TD Cowen cut its target from $55 to $48, UBS from $52 to $48 and Stifel Nicolaus from $55 to $48, all with Hold ratings. BNP Paribas Exane lowered from $75 to $65 while keeping an Outperform rating. Barclays reduced from $55 to $47 with an Equal Weight rating, and JPMorgan cut from $62 to $55, according to the second data set.

Some brokers remain more constructive. Bernstein reiterated Outperform with a $59 target on 2 October. Deutsche Bank reiterated a Buy rating, with market data showing a $59 target in September and the second data set showing $57 on 2 October. On 9 October, an independent ratings service downgraded the shares from Hold to Sell.

What Could Help the Stock Reach the Price Target?

Market data's summary refers to third-quarter earnings per share of $0.86 against a $0.76 consensus and revenue of $2.02 billion against $1.98 billion expected, along with guidance for 100 to 120 basis points of gross margin expansion in 2026 and plans to repay $1.5 billion to $2 billion of debt within two years. The second data set shows consensus estimates of adjusted earnings per share of $3.09 for fiscal 2026 and $3.21 for fiscal 2027. Meeting those figures and delivering margin gains could support higher targets.

What Could Prevent the Stock Reaching the Target?

The cluster of cuts on 2 and 5 October suggests analysts have become more cautious, and the low target of $47 is only about 5% above the price. With eight Hold ratings on the second data set, enthusiasm is limited. The shares also fell 2.5% on the last trading day.

What Should Investors Watch Next?

Investors may watch whether the target cuts continue, whether the shares stabilise relative to the lower end of the range, and how the next results compare with the margin guidance mentioned above. The next quarterly dividend of $0.48, payable on 26 October according to market data, is a further date to note.

How Analysts See McCormick After the Latest Close

McCormick closed at $44.78 on 9 October 2026, against a second data set consensus target of $54.85. On 2 October, TD Cowen cut its target from $55 to $48, UBS from $52 to $48 and Stifel Nicolaus from $55 to $48, all with Hold ratings.