Hasbro (NASDAQ:HAS) 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 2.83 by 12 Brokerage Firm. 1 Wall Street Firms have rated the stock as a strong buys. 11 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Equity Analysts at the Citigroup maintains the rating on Hasbro (NASDAQ:HAS). The brokerage firm has issued a Buy rating on the shares. The Analysts at the ratings agency raises the price target from $85 per share to $98 per share. The rating by the firm was issued on June 6, 2016.
Hasbro (NASDAQ:HAS): According to 10 Analysts, The short term target price has been estimated at $ 86.7.The target price could deviate by a maximum of $5.33 from the forecast price. In the near term, the target price could hit a high of $93 and a low of $ 76.
Hasbro (NASDAQ:HAS) witnessed a decline in the market cap on Tuesday as its shares dropped 0.38% or 0.33 points. After the session commenced at $86.28, the stock reached the higher end at $86.82 while it hit a low of $85.69. With the volume soaring to 972,315 shares, the last trade was called at $85.82. The company has a 52-week high of $88.53. The company has a market cap of $10,702 million and there are 124,702,080 shares in outstanding. The 52-week low of the share price is $60.38.
Shares of Hasbro Inc. rose by 0.44% in the last five trading days and 1.69% for the last 4 weeks. Hasbro Inc. is up 10.56% in the last 3-month period. Year-to-Date the stock performance stands at 28.97%.
Hasbro, Inc. (Hasbro), through its wholly owned Hasbro Studios LLC (Hasbro Studios), creates entertainment brand storytelling across mediums, including television, film and among others. Its brand blueprint involves re-imagining, re-inventing, and re-igniting its owned and controlled brands, and imagining, inventing and igniting new brands, through toy and game innovation, immersive entertainment offerings, including television programming and motion pictures, and a range of products, ranging from traditional to digital. The Company markets its brands under product categories, which include boys, games, girls and preschool toys. The Companys business operations include United States, Canada, International, Entertainment and Licensing. Its global operations include arranging product manufacturing and sourcing for the United States and Canada and International operations. Its brands include LITTLEST PET SHOP, MONOPOLY, MY LITTLE PONY, NERF, PLAY-DOH and TRANSFORMERS.