2 weeks Ago By Defense World Staff
The Hershey Company ( NYSE:HSY – Get Free Report ) has been given a consensus rating of “Reduce” by the nineteen analysts that are covering the company, MarketBeat.com reports. Five investment analysts have rated the stock with a sell rating and fourteen have given a hold rating to the company.
The average twelve-month price target among brokers that have issued a report on the stock in the last year is $189.33. Several research firms recently weighed in on HSY.
Royal Bank of Canada cut their price target on Hershey from $205.00 to $183.00 and set a “sector perform” rating on the stock in a research note on Friday, November 8th.
Piper Sandler increased their target price on Hershey from $165.00 to $168.00 and gave the stock a “neutral” rating in a research note on Friday, November 8th.
Citigroup lowered Hershey from a “neutral” rating to a “sell” rating and lowered their price target for the stock from $195.00 to $182.00 in a research report on Tuesday, August 27th.
Redburn Atlantic began coverage on shares of Hershey in a research report on Tuesday, October 22nd. They set a “sell” rating and a $165.00 price objective on the stock.
Finally, Deutsche Bank Aktiengesellschaft lifted their target price on shares of Hershey from $191.00 to $199.00 and gave the stock a “hold” rating in a report on Tuesday, September 10th.
View Our Latest Research Report on HSY Institutional Investors Weigh In On Hershey Hershey Price Performance Shares of HSY opened at $181.50 on Wednesday. Hershey has a fifty-two week low of $171.
67 and a fifty-two week high of $211.92. The firm’s 50-day simple moving average is $188.
88 and its two-hundred day simple moving average is $192.13. The stock has a market cap of $36.
72 billion, a PE ratio of 20.91, a price-to-earnings-growth ratio of 4.22 and a beta of 0.
38. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.
48 and a current ratio of 0.85. Hershey Announces Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th.
Investors of record on Monday, November 18th will be issued a $1.37 dividend. This represents a $5.
48 dividend on an annualized basis and a dividend yield of 3.02%. The ex-dividend date is Monday, November 18th.
Hershey’s payout ratio is 63.13%. About Hershey ( Get Free Report The Hershey Company, together with its subsidiaries, engages in the manufacture and sale of confectionery products and pantry items in the United States and internationally.
The company operates through three segments: North America Confectionery, North America Salty Snacks, and International. It offers chocolate and non-chocolate confectionery products; gum and mint refreshment products, including mints, chewing gums, and bubble gums; protein bars; pantry items, such as baking ingredients, toppings, beverages, and sundae syrups; and snack items comprising spreads, bars, snack bites, mixes, popcorn, and pretzels. Read More Five stocks we like better than Hershey Top Stocks Investing in 5G Technology Home Depot Stock: Targeting 12% in 2024 and 25% More in 2025 Investing In Preferred Stock vs.
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