Stocklytics Platform
Asset logo for symbol SMG
Scotts Miracle-Gro
SMG56
$70.23arrow_drop_down0.91%-$0.64
Asset logo for symbol SMG
SMG56

$70.23

arrow_drop_down0.91%

Analyst Forecast

Period: Next 12 Months

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Analyst Ratings

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Scotts Miracle-Gro (SMG) Stocklytics Forecast

According to market analysts, the stock price of Scotts Miracle-Gro Co-The (SMG) is expected to experience significant growth in the coming years. The company, known for its leading position in the lawn and garden care industry, has a strong track record of success and a promising future ahead. With a focus on innovation and expanding its product portfolio, SMG is well-positioned to capitalize on the growing demand for gardening and home improvement products.
Based on current market trends and historical performance, SMG is projected to reach a price target of $150 by the end of 2023. This forecast is supported by positive analyst ratings and a bullish outlook for the company. With its strong financials and strategic initiatives, Scotts Miracle-Gro Co-The is considered a good buy for investors seeking long-term growth potential.
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Frequently Asked Questions

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What is the analyst price prediction for Scotts Miracle-Gro (SMG) stock?

Analysts have set a target price of $74.29 for Scotts Miracle-Gro (SMG), based on forecasts from 24 analysts. The predicted price range extends from a high of $105 to a low of $45. This represents a potential increase of up to 49.51% and a decrease of -35.92% from the current price of $70.23. These forecasts are as of 2022 Aug 04.
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What are the analyst ratings for Scotts Miracle-Gro (SMG) stock?

The analyst ratings for Scotts Miracle-Gro (SMG) are distributed as follows: 5 analysts recommend buying, 6 have a neutral stance, and 0 suggest selling. The prevailing sentiment among the total of 11 analysts leans towards a neutral rating. These ratings indicate the general sentiment among the analysts covering Scotts Miracle-Gro.
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What is the AI price prediction for Scotts Miracle-Gro (SMG) stock?

At present, there is no AI or machine-learning-based price prediction available for Scotts Miracle-Gro (SMG) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.

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