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Scotts Miracle-Gro Co (NYSE:SMG) has been downgraded to Hold in a statement by SunTrust Banks, Inc. earlier today.

Yesterday Scotts Miracle-Gro Co (NYSE:SMG) traded 0.13% higher at $94.37. The company’s 50-day moving average is $93.97 and its 200-day moving average is $84.25. The last stock close price is up 12.55% from the 200-day moving average, compared to the S&P 500 which has decreased -0.04% over the same time. 392,544 shares of the stock were exchanged, down from an average trading volume of 569,714

SunTrust Banks, Inc. has downgraded Scotts Miracle-Gro Co (NYSE:SMG) to Hold in a statement released on Wednesday January 11, 2017.

On 1/10/2017, Zacks Investment Research released a statement on Scotts Miracle-Gro Co (NYSE:SMG) bumped up the target price from $0.00 to $108.00 that suggested an upside of 0.14%.

See Chart Below

Scotts Miracle-Gro Co (NYSE:SMG)

Scotts Miracle-Gro Co has a 52 week low of $62.72 and a 52 week high of $98.82 with a P/E ratio of 18.66 The company’s market cap is currently $0.

In addition to SunTrust Banks, Inc. reporting its target price, a total of 3 firms have issued a report on the stock. The consensus target price is $75.67 with 1 firm rating the stock a strong buy, 3 firms rating the stock a buy, 4 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Scotts Miracle-Gro Co (NYSE:SMG)

The Scotts Miracle-Gro Company (Scotts Miracle-Gro) is a manufacturer and marketer of branded consumer lawn and garden products. The Company's segments include Global Consumer. In North America, its brands include Scotts and Turf Builder lawn and grass seed products; Miracle-Gro, Nature's Care, Scotts, LiquaFeed and Osmocote gardening and landscape products; and Ortho, Roundup, Home Defense and Tomcat branded insect control, weed control and rodent control products. In the United Kingdom, its brands include Miracle-Gro plant fertilizers; Roundup, Weedol and Pathclear herbicides; EverGreen lawn fertilizers, and Levington gardening and landscape products.

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