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
--
Stock Callers:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment
newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments.
One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports
covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered
analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and
micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a
third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on
analyst credentials, please email info@stock-callers.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document
templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is
believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed
any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently
reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or
interfere in the application of such procedures by the third-party research service company to the articles, documents or
reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or
the Reviewer in any way.
NO WARRANTY
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this
document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss
arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or
liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document.
Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing
of the information, or (2) warrant any results from use of the information. The included information is subject to change without
notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities
mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers
in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with
any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
http://stock-callers.com/legal-disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a
company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: info@stock-callers.com
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA