Brokerage Firm Rating Update on Hershey Company (The) (HSY)

Hershey Company (The) (HSY) : The consensus on Hershey Company (The) (HSY) based on 10 analyst recommendation on the company stock is 2.9, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 1 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 8 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst also believes that the downside risk to the stock is higher and suggests a Sell on Hershey Company (The) (HSY).

Hershey Company (The) (HSY) stock is expected to deviate a maximum of $3.78 from the average target price of $104.4 for the short term period. 5 Street Experts have initiated coverage on the stock with the most promising target being $110 and the most muted being $100.


Company shares have received an average consensus rating of Hold for the current week Also, Major Brokerage house, Bank of America assumes its ratings on Hershey Company (The) (NYSE:HSY). According to the latest information available, the shares are now rated Underperform by the analysts at the agency. The rating by the firm was issued on August 30, 2016.

Hershey Company (The) (NYSE:HSY): stock was range-bound between the intraday low of $98.86 and the intraday high of $99.77 after having opened at $99.64 on Wednesdays session. The stock finally closed in the red at $99.64, a loss of -0.66%. The stock remained in the red for the whole trading day. The total traded volume was 1,439,316 shares. The stock failed to cross $99.77 in Wednesdays trading. The stocks closing price on Thursday was $99.79.

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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