In a report released today, Pablo Zuanic from Susquehanna reiterated a Hold rating on Hershey Co (NYSE: HSY), with a price target of $101. The company’s shares opened today at $98.10.
Zuanic said:
“While on a full-year basis in 2018 HSY will run below the company’s long term EPS growth algorithm, in 2H18 sales trends should improve vs..”
According to TipRanks.com, Zuanic is a 4-star analyst with an average return of 6.7% and a 55.8% success rate. Zuanic covers the Consumer Goods sector, focusing on stocks such as Coca-Cola European Partners, Constellation Brands Inc, and Anheuser-Busch Inbev Sa.
The word on The Street in general, suggests a Hold analyst consensus rating for Hershey Co with a $96 average price target.
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The company has a one-year high of $115.82 and a one-year low of $89.10. Currently, Hershey Co has an average volume of 1.26M.
Based on the recent corporate insider activity of 95 insiders, corporate insider sentiment is negative on the stock.
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The Hershey Co. engages in the manufacture and market of chocolate and sugar confectionery products. It operates through the North America; and International and Other geographical segments.
