Wells Fargo Keeps Their Hold Rating on Post Holdings (POST)

In a report released today, Marc Torrente from Wells Fargo maintained a Hold rating on Post Holdings, with a price target of $108.00.

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According to TipRanks, Torrente is an analyst with an average return of -19.7% and a 19.51% success rate. Torrente covers the Consumer Defensive sector, focusing on stocks such as MGP Ingredients, Post Holdings, and Freshpet.

Currently, the analyst consensus on Post Holdings is a Strong Buy with an average price target of $121.71.

Based on Post Holdings’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $2.25 billion and a net profit of $51 million. In comparison, last year the company earned a revenue of $2.01 billion and had a net profit of $81.6 million

Based on the recent corporate insider activity of 81 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of POST in relation to earlier this year. Last month, BRADLY A HARPER, the SVP, CHIEF ACCTING OFFICER of POST sold 1,658.00 shares for a total of $160,295.44.