J.M. Smucker: Analysts Maintain a ‘Neutral’ Stance

Most of the analysts covering J.M. Smucker (SJM) stock maintain a “neutral” outlook before the results for the second quarter of fiscal 2019. Analysts expect J.M. Smucker’s Ainsworth acquisition to drive its net sales growth rate. Weakness in underlying sales, led by lower pricing, is keeping analysts on the sidelines. J.M. Smucker’s profit margins are expected to contract despite lower green coffee costs, which reflects higher packaging and transportation costs.