16.02.2017 13:20:00
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Technical Reports on Processed & Packaged Goods Equities -- Mead Johnson Nutrition, Kellogg, J. M. Smucker, and Ingredion
NEW YORK, February 16, 2017 /PRNewswire/ --
Today's attention is directed to the Processed and Packaged Goods industry which is one of the largest in North America, valued at approximately $2 trillion. The goods that comprise this category are the ones that are consumed daily by the average consumer, and the ones that need to be replaced frequently like food and beverages, clothing, tobacco, and household products. Ahead of today's trading session, Stock-Callers.com takes a closer look at the most recent performances of the following equities: Mead Johnson Nutrition Co. (NYSE: MJN), Kellogg Co. (NYSE: K), The J. M. Smucker Co. (NYSE: SJM), and Ingredion Inc. (NYSE: INGR). Today's research reports on the aforementioned stocks are downloadable for free upon registration at:
http://stock-callers.com/registration
Mead Johnson Nutrition
On Wednesday, shares in Glenview, Illinois headquartered Mead Johnson Nutrition Co. recorded a trading volume of 9.10 million shares, which was above their three months average volume of 3.14 million shares. The stock ended at $87.68, declining 0.41% from the last trading session. The Company's shares have gained 22.73% in the last one month, 22.06% over the previous three months, and 23.91% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 18.04% and 9.96%, respectively. Furthermore, shares of Mead Johnson Nutrition, which manufactures, distributes, and sells infant formulas, children's nutrition, and other nutritional products, have a Relative Strength Index (RSI) of 75.26.
On February 10th, 2017, Mead Johnson announced that it has reached an agreement to be acquired by Reckitt Benckiser Group PLC (RB). As a result of this transaction, Mead Johnson will become a new division of RB with its globally-recognized Enfamil and Nutramigen brands joining RB's portfolio of leading consumer health brands. RB has agreed to pay $90 cash for each share of Mead Johnson common stock in a transaction valued at approximately $17.9 billion (including net debt).
On February 10th, 2017, research firm BMO Capital Markets downgraded the Company's stock rating from 'Outperform' to 'Market Perform' while revising its previous target price from $84 a share to $90 a share. Visit us today and access our complete research report on MJN at:
http://stock-callers.com/registration/?symbol=MJN
Kellogg
Battle Creek, Michigan headquartered Kellogg Co.'s stock finished yesterday's session 0.16% higher at $76.04. A total volume of 1.93 million shares was traded, which was above their three months average volume of 1.54 million shares. The Company's shares have gained 5.57% in the last one month, 5.58% over the previous three months, and 3.16% on an YTD basis. The stock is trading above its 50-day moving average by 4.17%. Furthermore, shares of Kellogg, which manufactures and markets ready-to-eat cereal and convenience foods, have an RSI of 66.08.
On February 09th, 2017, Kellogg reported net loss of $53 million, or a loss of $0.15 per share for Q4 2016 compared with a loss of $41 million, or $0.12 per share for Q4 2015. The Company's net sales for Q4 2016 were $3.10 billion, down from $3.14 billion in Q4 2015.
Yesterday, research firm Deutsche Bank initiated a 'Hold' rating on the Company's stock, with a target price of $79 per share. The complimentary report on K can be downloaded at:
http://stock-callers.com/registration/?symbol=K
J. M. Smucker
At the closing bell on Wednesday, shares in Orrville, Ohio headquartered The J. M. Smucker Co. rose 0.44%, ending the day at $138.53. The stock recorded a trading volume of 1.16 million shares, which was above its three months average volume of 917,680 shares. The Company's shares have advanced 5.31% in the last one month, 8.12% in the previous three months, and 8.76% since the start of this year. The stock is trading 5.60% above its 50-day moving average and 2.22% above its 200-day moving average. Moreover, shares of J. M. Smucker, which manufactures and markets branded food and beverage products worldwide, have an RSI of 66.57.
On January 26th, 2017, J. M. Smucker announced that the Company will conduct its Q3 FY17 earnings conference call and webcast on February 17th, 2017, at 8:00 a.m. ET. The press release for the earnings will be issued on the morning of the call.
Yesterday, research firm Deutsche Bank initiated a 'Hold' rating on the Company's stock, with a target price of $145 per share. Register for free on Stock-Callers.com and access the latest research report on SJM at:
http://stock-callers.com/registration/?symbol=SJM
Ingredion
Westchester, Illinois headquartered Ingredion Inc.'s stock ended the day 0.70% higher at $121.34 with a total trading volume of 432,189 shares. The Company's shares have gained 4.83% over the previous three months. The stock is trading 2.05% below its 50-day moving average. Additionally, shares of Ingredion, which together with its subsidiaries, manufactures and sells starches and sweeteners to various industries, have an RSI of 46.94. Get free access to your research report on INGR at:
http://stock-callers.com/registration/?symbol=INGR
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Aktien in diesem Artikel
Ingredion Inc. | 135,10 | 0,07% | |
J. M. Smucker Co. | 108,65 | -0,28% | |
Kellanova (ex Kellogg's) | 76,88 | 0,16% |