TD Cowen's USD 48.00 target leaves McCormick stock 3.83 percent below the price
Published on 10/15/2026 at 19:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and shareholder dates
- TD Cowen kept a Hold rating and set a USD 48.00 target on October 2, 2026.
- A USD 0.48 dividend is payable on October 26, 2026.
- McCormick stock costs EUR 41.24 at Lang & Schwarz on October 15, 2026 at 7:44 p.m. CEST, plus 2.79 percent versus the Tradegate close of October 14, 2026.
- McCormick had a USD 12.4 billion market capitalization and a price-to-earnings ratio of 8.36 on October 15, 2026.
TD Cowen kept a Hold rating and set a USD 48.00 target for McCormick in a research note dated October 2, 2026. The target lies 3.83 percent above the USD 46.23 price on the NYSE, according to Markets Insider. McCormick stock was trading at EUR 41.24 at Lang & Schwarz on October 15, 2026 at 7:44 p.m. CEST, plus 2.79 percent versus the Tradegate close of October 14, 2026 at EUR 40.12.
Dividend date adds a cash return marker
McCormick is scheduled to pay a USD 0.48 dividend on October 26, 2026, according to Simply Wall St. The payment follows the October 13, 2026 ex-dividend date. The company operates in packaged foods, with consumer products and flavor solutions serving retailers, food manufacturers and foodservice customers.
Stock stays near its yearly low
The primary-exchange price was USD 46.23 at 1:50 p.m. ET on October 15, 2026. That level stood 6.89 percent above the USD 43.25 52-week low and 36.15 percent below the USD 72.41 52-week high. The stock was down 33.70 percent year to date on October 14, 2026, according to Simply Wall St. The range places the latest US quotation close to its annual floor, while the euro quotation remains above the Tradegate reference.
Valuation and company dates
McCormick had a market capitalization of USD 12.4 billion and a price-to-earnings ratio of 8.36 as of October 15, 2026. The company has reported fiscal third-quarter 2026 revenue of USD 2.02 billion for the period ended August 31, 2026, while operating cash flow for the quarter was USD 168.1 million. The next dated shareholder cash event is the USD 0.48 dividend payment on October 26, 2026.
McCormick's latest annual range and valuation place the stock in a different position from its operating scale. The price-to-earnings ratio is below the level implied by the business's global brand portfolio, but the annual range also shows that investors continue to discount execution and integration risk. TD Cowen's USD 48.00 target offers a defined comparison point rather than a forecast by this article.
Price position in euros
At Lang & Schwarz, McCormick stock was trading at EUR 41.24 on October 15, 2026 at 7:44 p.m. CEST, plus 2.79 percent versus the Tradegate close of October 14, 2026 at EUR 40.12. The NYSE quotation was USD 46.23 at 1:50 p.m. ET on October 15, 2026.
McCormick stock at a glance
- Company: McCormick & Company, Incorporated
- ISIN: US5797802064
- Ticker: MKC
- Primary exchange: NYSE
- Price Lang & Schwarz as of October 15, 2026, 7:44 p.m. CEST: EUR 41.24
- Change versus Tradegate close: plus 2.79 percent
- Tradegate close October 14, 2026: EUR 40.12
- Market capitalization: USD 12.4 billion as of October 15, 2026
- 52-week range: USD 43.25-USD 72.41 as of October 15, 2026
- Sector / Industry: Consumer Defensive / Packaged Foods
Market context: Market report S&P 500.
