Hasbro (HAS) Receives a Hold from Stifel Nicolaus


Stifel Nicolaus analyst Drew Crum maintained a Hold rating on Hasbro (NASDAQ: HAS) today and set a price target of $106. The company’s shares closed yesterday at $101.44.

According to TipRanks.com, Crum is a top 25 analyst with an average return of 36.7% and a 86.3% success rate. Crum covers the Consumer Goods sector, focusing on stocks such as Brunswick Corporation, Electronic Arts, and Harley-Davidson.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Hasbro with a $110.10 average price target.

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Based on Hasbro’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $60.3 million. In comparison, last year the company had a net profit of $266 million.

Based on the recent corporate insider activity of 90 insiders, corporate insider sentiment is neutral on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Hasbro, Inc. engages in the provision of children and family leisure time products and services with a portfolio of brands and entertainment properties. The company operates under the brand names such as Littlest Pet Shop; Magic: The Gathering; Monopoly; My Little Pony; Nerf; Play-Doh; and Transformers.

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