Impact of Brokerage Rating on Hasbro, Inc.(HAS)

Many Hasbro, Inc.(HAS) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Hasbro was Initiated by Goldman on Feb 13, 2017 to Buy, Price Target of the shares are set at $110.Company shares were Reiterated by Stifel on Feb 7, 2017 to Hold, Raises Price Target to $ 90 from a previous price target of $81 .Hasbro was Downgraded by Monness Crespi & Hardt to Neutral on Jan 26, 2017. Hasbro was Downgraded by Piper Jaffray to Neutral on Nov 28, 2016.

Company has reported several Insider transactions to the SEC, on Nov 16, 2016, Duncan Billing (EVP, CGO & New Bus Dvlp Offic) sold 18,751 shares at 86.00 per share price.On May 25, 2016, John Frascotti (President, Hasbro Brands) sold 36,170 shares at 87.00 per share price.On May 24, 2016, Wiebe Tinga (EVP & Chief Commerical Officer) sold 25,000 shares at 85.01 per share price.

Hasbro Last issued its quarterly earnings results on Feb 6, 2017. The company reported $1.64 EPS for the quarter, beating the analyst consensus estimate by $ 0.35. Analyst had a consensus of $1.29. The company had revenue of $1630.00 million for the quarter, compared to analysts expectations of $1509.23 million. The companys revenue was up 11.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.39 EPS.

Hasbro, Inc. (NASDAQ:HAS) 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 3 by 8 Brokerage Firm. 8 Brokerage Firms have advised hold.

Hasbro, Inc. (NASDAQ:HAS): The stock price is expected to reach $ 90 in the short term. The number of analysts agreeing with this consensus is 7. The higher estimate for the short term price target is at $95 while the lower estimate is at $83. The standard deviation of the price stands at $3.74.

Hasbro, Inc. (NASDAQ:HAS) witnessed a decline in the market cap on Tuesday as its shares dropped 0.34% or 0.33 points. After the session commenced at $98.36, the stock reached the higher end at $98.585 while it hit a low of $97.54. With the volume soaring to 1,978,689 shares, the last trade was called at $97.8. The company has a 52-week high of $98.76. The company has a market cap of $12,204 million and there are 124,787,571 shares in outstanding. The 52-week low of the share price is $70.08.

Hasbro Inc. is a worldwide leader in childrens and family leisure time and entertainment products and services, including the design, manufacture and marketing of games and toys ranging from traditional to high-tech. Both internationally and in the U.S., its PLAYSKOOL, KENNER, TONKA, ODDZON, SUPER SOAKER, MILTON BRADLEY, PARKER BROTHERS, TIGER, HASBRO INTERACTIVE, MICROPROSE, GALOOB and WIZARDS OF THE COAST brands and products provide what the company believes to be the highest quality and most recognizable play experiences in the world. (PRESS RELEASE)

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