Analyst Rating Update on Hershey Company (The) (HSY)

Hershey Company (The) (HSY) : 10 analysts are covering Hershey Company (The) (HSY) and their average rating on the stock is 2.9, which is read as a Hold. 1 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. 1 more analyst has given the stock a Sell recommendation. A total of 8 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Hershey Company (The) (HSY) : 5 investment research analysts covering Hershey Company (The) (HSY) have an average price target of $104 for the near short term. The highest target price given by the Brokerage Firm to the stock is $110 and the lowest target is $90 for the short term. Analysts expect the variance to be within $8.22 of the average price.

Company shares have received an average consensus rating of Hold for the current week


Hershey Company (The) (NYSE:HSY): The stock opened at $112.18 on Wednesday but the bulls could not build on the opening and the stock topped out at $112.18 for the day. The stock traded down to $109.95 during the day, due to lack of any buying support eventually closed down at $110.48 with a loss of -1.51% for the day. The stock had closed at $112.17 on the previous day. The total traded volume was 961,759 shares.

The Hershey Company (Hershey) is a provider of chocolate and sugar confectionery. The Companys principal confectionery offerings include chocolate and sugar confectionery products; pantry items, such as baking ingredients, toppings and beverages; snack items, such as spreads, and gum and mint refreshment products. The Company operates through two segments: North America and International and Other. The North America segment is responsible for its chocolate and sugar confectionery business in the United States and Canada. The International and Other segment includes all other countries where the Company manufactures, imports, markets, sells or distributes chocolate, sugar confectionery and other products. This includes operations in Asia, Latin America, Europe, Africa and the Middle East, along with exports to these regions. This segment also includes its global retail operations, including Hersheys Chocolate World stores.

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