5 Best Consumer Staples Stocks to Invest In

4. The J. M. Smucker Company (NYSE:SJM)

On April 23, 2026, Morgan Stanley lowered its price target on The J. M. Smucker Company (NYSE:SJM) to $104 from $118 and maintained an Equal Weight rating. The firm said it is adjusting estimates across packaged food companies to reflect recent trends, including a tougher commodity outlook following the recent rise in oil prices.

On April 21, 2026, Stifel lowered its price target on The J. M. Smucker Company (NYSE:SJM) to $100 from $120 and maintained a Hold rating. The firm said food companies continue to face pressure from weak volume growth, margin pressure tied to reinvestment needs, and slower sales growth even after those reinvestments begin to cycle through.

Earlier in the month, BTIG analyst Rob Dickerson initiated coverage of The J. M. Smucker Company (NYSE:SJM) with a Buy rating and a $120 price target. The firm said the company’s coffee business offers underappreciated profit expansion potential and added that Smucker’s broader portfolio is well-positioned in a changing U.S. consumer environment.

The J. M. Smucker Company (NYSE:SJM) manufactures branded food and beverage products through segments including retail coffee, frozen handhelds and spreads, pet foods, and sweet baked snacks.