Impact of Brokerage Rating on Hershey Company (The)(HSY)

Many Hershey Company (The)(HSY) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Company shares were Reiterated by RBC Capital Mkts on Feb 6, 2017 to Sector Perform, Raises Price Target to $ 112 from a previous price target of $110 .Hershey Co was Upgraded by Credit Suisse to Outperform on Jan 6, 2017. Hershey Co was Initiated by Berenberg on Jan 5, 2017 to Sell, Price Target of the shares are set at $90.

Company has reported several Insider transactions to the SEC, on Feb 9, 2017, Michele Buck (EVP, Chief Operating Officer) sold 4,500 shares at 108.00 per share price.On Jan 19, 2017, D Michael Wege (SVP, GS, India, ME, Comm & CSR) sold 1,100 shares at 104.82 per share price.On Nov 9, 2016, Trust Co Trustee In Tr Hershey (10% owner) purchased 49,500 shares at 101.60 per share price.

Hershey Co Last issued its quarterly earnings results on Feb 3, 2017. The company reported $1.17 EPS for the quarter, beating the analyst consensus estimate by $ 0.09. Analyst had a consensus of $1.08. The company had revenue of $1970.00 million for the quarter, compared to analysts expectations of $1978.66 million. The companys revenue was up 3.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.08 EPS.

Hershey Company (The) (NYSE:HSY) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 3.09 by 11 Brokerage Firm. 10 Brokerage Firms have advised hold. A sell rating was given by 1 analyst.

Hershey Company (The) (NYSE:HSY): The mean short term price target for Hershey Company (The) (NYSE:HSY) has been established at $107 per share. The higher price target estimate is at $113 and the lower price target estimate is expected at $100 according to 8 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $4.47

Hershey Company (The) (NYSE:HSY) rose 0.12% or 0.13 points on Tuesday and made its way into the gainers of the day. After trading began at $107.99 the stock was seen hitting $108.4 as a peak level and $107.44 as the lowest level. The stock ended up at $108.34. The daily volume was measured at 686,518 shares. The 52-week high of the share price is $117.79 and the 52-week low is $87.92. The company has a market cap of $22,993 million.

The Hershey Company is a leading snack food company and the largest North American manufacturer of quality chocolate and non-chocolate confectionery products. Hershey markets such well-known brands as Hersheys, Reeses, Hersheys Kisses, Kit Kat, Almond Joy, Mounds, York, Jolly Rancher, Twizzlers, and Ice Breakers as well as innovative new products such as Swoops and Hersheys Smores. Hershey also offers a variety of snack products to consumers, including Hersheys Cookies, Mauna Loa macadamia nuts, and Hersheys Snack Barz.


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