Jefferies Remains a Hold on The Hershey Company (HSY)
Jefferies analyst Scott Marks CFA maintained a Hold rating on The Hershey Company today and set a price target of $220.00.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
According to TipRanks, Marks CFA is an analyst with an average return of -11.7% and a 25.45% success rate. Marks CFA covers the Consumer Defensive sector, focusing on stocks such as The Hershey Company, UTZ Brands, and General Mills.
In addition to Jefferies, The Hershey Company also received a Hold from Bank of America Securities’s Peter Galbo in a report issued on March 6. However, on February 25, Piper Sandler maintained a Buy rating on The Hershey Company (NYSE: HSY).
Based on The Hershey Company’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $3.09 billion and a net profit of $320.02 million. In comparison, last year the company earned a revenue of $2.89 billion and had a net profit of $796.59 million
Read More on HSY:
Disclaimer & DisclosureReport an Issue
- Top Hedge Fund Manager Sounds the Alarm on Market Risk. Here Are 4 Ways to Play a Possible Selloff
- Hershey price target raised to $195 from $165 at Mizuho
- The Week That Was, The Week Ahead: Macro and Markets, Feb. 15
- Hershey Stock (HSY) Is a Winner Heading into Valentine’s Day, Up 22% on the Year
- Hormel Foods appoints Will Bonifant as chief supply chain officer
