Buzzing Stock: Mead Johnson Nutrition Company (NYSE:MJN)


As per the research groups listed in Thomson Reuters survey, Mead Johnson Nutrition Company (NYSE:MJN), the stock can touch mean price target of $94.640 in coming period. This price target highlights the recommendations of leading experts in the market.

Thomson Reuters studies the brokerages research reports to reach this price target. The latest poll indicate that the company may record earnings of $0.890 per share in looming quarter and $3.520 during current fiscal.

Technical Forecast

While evaluating Mead Johnson Nutrition Company on the technical side, it is seen that the firm’s shares price is trading $-3.302 points away or -3.736% from its 50-day moving average of $88.377. Further it is trading $0.876 or +1.041% away its 200-day moving average of $84.199. MA here stands for moving average.

Mead Johnson Nutrition Company (NYSE:MJN) stock made a high of $94.400 in last 12-months while the lowest level in same period was $65.530. It entails if stock price makes a movement of over $-9.325, it will make a new 52-week high. In the case of +29.826% decline, it will touch a new 52-week low.

Valuation Level

The valuation of Mead Johnson Nutrition Company is done by analysts by using price-to-earnings ratio. This ratio considers the latest price and profits for valuating a stock. The ratio is calculated by dividing stock price by annual EPS. For now, Mead Johnson Nutrition Company (NYSE:MJN) P/E ratio is 32.007. The stakeholders can further gauge a firm’s performance by calculating Price-to-Earnings-Growth ratio, and for Mead Johnson Nutrition Company it stands at 2.940.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

Click Here to See This Now.

(Visited 11 times, 1 visits today)