Hershey Co (NYSE:HSY) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.
- Updated: October 17, 2016
Having a price of $96.47, Hershey Co (NYSE:HSY) traded 0.00% even on the day. With the last close down -2.61% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. HSY has recorded a 50-day average of $96.81 and a two hundred day average of $99.34. Trade Volume was down over the average, with 749,577 shares of HSY changing hands under the typical 1,354,420
Zacks Investment Research has downgraded Hershey Co (NYSE:HSY) to Sell in a statement released on 10/17/2016.
On Thursday September 08, 2016, Vetr Inc. released a statement on Hershey Co (NYSE:HSY) upped the target price from $0.00 to $110.00 that suggested an upside of 0.11%.
Recent Performance Chart
Hershey Co has 52 week low of $82.42 and a 52 week high of $117.79 with a PE ratio of 28.33 and has a market capitalization of $0.
In addition to Zacks Investment Research reporting its target price, a total of 14 brokers have issued a research note on the company. The average stock price target is $90.14 with 3 brokers rating the stock a strong buy, 1 broker rating the company a buy, twelve brokerages rating the company a hold, two equity analysts rating the company a underperform, and lastly zero equity analysts rating the company a sell.
More About Hershey Co (NYSE:HSY)
The Hershey Company is a producer of chocolate and non-chocolate confectionery. The Company's principal confectionery offerings include gum and mint refreshment products; pantry items, such as baking ingredients, toppings and beverages, and snack items, such as spreads, meat snacks, bars, and snack bites and mixes. The Company operates through two segments: North America, and International and Other. The Company's North America segment is responsible for its chocolate and sugar confectionery business, as well as its grocery and snacks business, in the United States and Canada. Its International and Other segment includes all other countries where the Company manufactures, imports, markets, sells or distributes chocolate and non-chocolate confectionery, and other products. The Company markets, sells and distributes its products under approximately 80 brand names in over 70 countries across the world.
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