Short Term Rating on Hershey Company (The) (HSY)

Hershey Company (The) (HSY) has an average broker rating of 2.91, which is interpreted as a Hold, as rated by 11 equity analysts. Nonetheless, 1 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 9 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 considers that the stock is a Sell.

Hershey Company (The) (HSY) has been rated by 6 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $92 and the lowest price target forecast is $87. The average forecast of all the analysts is $89.67 and the expected standard deviation is $1.86.

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


Hershey Company (The) (NYSE:HSY): The stock opened at $110.18 on Tuesday but the bulls could not build on the opening and the stock topped out at $110.55 for the day. The stock traded down to $108.74 during the day, due to lack of any buying support eventually closed down at $108.74 with a loss of -1.27% for the day. The stock had closed at $110.14 on the previous day. The total traded volume was 1,555,235 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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.