Pivotal Research analyst Timothy Ramey maintained a Buy rating on Post Holdings Inc (NYSE: POST) today and set a price target of $105. The company’s shares opened today at $76.
Ramey observed:
“We are confident that this is a tremendous entry point in the shares. Note that POST recast its segment data with this report so we are getting to know the new segments.”
According to TipRanks.com, Ramey is a 5-star analyst with an average return of 12.1% and a 64.3% success rate. Ramey covers the Consumer Goods sector, focusing on stocks such as Constellation Brands Inc, Brown-Forman B, and Flowers Foods.
Post Holdings Inc has an analyst consensus of Strong Buy, with a price target consensus of $90.
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The company has a one-year high of $88.93 and a one-year low of $70.66. Currently, Post Holdings Inc has an average volume of 858.5K.
Based on the recent corporate insider activity of 31 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of POST in relation to earlier this year.
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.
Post Holdings, Inc. engages in the manufacturing, marketing, and distribution of branded and private label ready-to-eat cereals products. It operates through the following segments: Post Consumer Brands, Michael Foods Group, Active Nutrition, and Private Brands.
