Over the past 3 months, 6 analysts have published their opinion on JM Smucker (NYSE:SJM) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.
If history is any guide, there may be good fortune ahead for shares of JM Smucker (NYSE:SJM). A so-called "golden cross" has formed on its chart and, not surprisingly, this could be bullish for the stock.
The J.M. Smucker Co. (NYSE: SJM) announced today it has sold its private label dry pet food business, including its manufacturing facility in Frontenac, Kansas, to Diamond Pet Foods, Inc., in a cash transaction valued at approximately $33 million.
(PRNewsfoto/The J.M. Smucker Co.)