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DA Davidson announced Hasbro, Inc. (NASDAQ:HAS), raising its target price to $118.00 today

Yesterday Hasbro, Inc. (NASDAQ:HAS) traded -1.12% lower at $100.98. The company’s 50-day moving average is $95.95 and its 200-day moving average is $101.60. The last closing price is down -5.45% from the 200-day moving average, compared to the S&P 500 which has increased 0.01% over the same time period. 1,446,688 shares of the stock traded hands, down from an average trading volume of 1,467,780

Hasbro, Inc. (NASDAQ:HAS) had its target price raised to $118.00 by DA Davidson in a report released 5/23/2017. The new stock price target indicates a possible upside of 0.17% based on the company's last closing price.

Previously on 5/22/2017, Zacks Investment Research reported on Hasbro, Inc. (NASDAQ:HAS) increased the target price from $0.00 to $113.00. At the time, this indicated a possible upside of 0.12%.

See Chart Below

Hasbro, Inc. (NASDAQ:HAS)

Hasbro, Inc. has a 52 week low of $77.20 and a 52 week high of $116.20 with a P/E ratio of 20.81 The company’s market cap is currently $0.

In addition to DA Davidson reporting its stock price target, a total of 11 brokers have issued a research note on the company. The average stock price target is $88.09 with 2 brokers rating the stock a strong buy, 1 broker rating the stock a buy, 12 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Hasbro, Inc. (NASDAQ:HAS)

Hasbro, Inc. (Hasbro) is a play and entertainment company. The Company's operating segments include the U.S. and Canada, International, and Entertainment and Licensing. From toys and games to content development, including television programming, motion pictures, digital gaming and a consumer products licensing program, Hasbro fulfills the fundamental need for play and connection for children and families around the world. The Company's U.S. and Canada segment is engaged in the marketing and sale of its products in the United States and Canada. The International segment is engaged in the marketing and sale of the Company's product categories to retailers and wholesalers in most countries in Europe, Latin and South America, and the Asia Pacific region and through distributors in those countries where it has no direct presence. The Entertainment and Licensing segment includes the Company's consumer products licensing, digital gaming, television and movie entertainment operations.

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