In a report released today, Robert Moskow from Credit Suisse maintained a Buy rating on Hershey Co (HSY), with a price target of $152.00. The company’s shares closed last Thursday at $132.32.
According to TipRanks.com, Moskow is a 3-star analyst with an average return of 0.8% and a 45.8% success rate. Moskow covers the Consumer Goods sector, focusing on stocks such as Mondelez International, McCormick & Company, and Sanderson Farms.
The word on The Street in general, suggests a Hold analyst consensus rating for Hershey Co with a $139.85 average price target.
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Hershey Co’s market cap is currently $27.4B and has a P/E ratio of 24.80. The company has a Price to Book ratio of -15.22.
Based on the recent corporate insider activity of 130 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of HSY 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.
The Hershey Co. engages in the manufacture and market of chocolate and sugar confectionery products. It operates through the following geographical segments: North America; and International and Other. The North America segment is responsible for the traditional chocolate and non-chocolate confectionery market position of the company, as well as its grocery and snacks market positions, in the United States and Canada. The International and Other segment is the combination of all other operating segments which are not individually material, including those geographic regions where the company operates outside of North America. Its brands include Hershey’s, Reese’s, and Kisses. The company was founded by Milton S. Hershey in 1894 and is headquartered in Hershey, PA.
