Hershey Company (The) (NYSE:HSY) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.73 by 11 Brokerage Firm. 2 Wall Street Firms have rated the stock as a strong buys. 8 Brokerage Firms have advised hold. A sell rating was given by 1 analyst.
Other Equity analysts have also commented on the company shares. Major Brokerage house, Bank of America downgrades 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. Previously, the analysts had a Buy rating on the shares. The rating by the firm was issued on April 20, 2016.
Hershey Company (The) (NYSE:HSY): 6 Brokerage firm Analysts have agreed with the mean estimate for the short term price target of $89.67 in Hershey Company (The) (NYSE:HSY). However, the stock price could fluctuate by $ 1.86 from the estimate as it is suggested by the standard deviation reading. The higher estimate has been put at $92 price target with the lower price estimate is calculated at $87
Hershey Company (The) (NYSE:HSY) rose 0.85% or 0.82 points on Tuesday and made its way into the gainers of the day. After trading began at $96.95 the stock was seen hitting $97.55 as a peak level and $96.79 as the lowest level. The stock ended up at $97.46. The daily volume was measured at 1,333,941 shares. The 52-week high of the share price is $97.75 and the 52-week low is $82.41. The company has a market cap of $20,795 million.
Shares of The Hershey Company rose by 0.91% in the last five trading days and 8.06% for the last 4 weeks. The Hershey Company is up 9.78% in the last 3-month period. Year-to-Date the stock performance stands at 10.59%.
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.