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Hershey Foods (NYSE:HSY) has been upgraded from Mkt Perform to Outperform in a report by Bernstein earlier today.

Having a price of $106.04, Hershey Foods (NYSE:HSY) traded 2.56% higher on the day. The last stock close price is down 0.16% from the 200-day moving average, compared to the S&P 500 which has increased 0.05% over the date range. Hershey Foods has recorded a 50-day average of $105.85 and a two hundred day average of $108.57. Volume of trade was down over the average, with 440,129 shares of HSY changing hands under the typical 1,029,910

Bernstein has upgraded Hershey Foods (NYSE:HSY) from Mkt Perform to Outperform in a statement released on Thursday August 17, 2017.

On 7/27/2017, RBC Capital Markets released a statement about Hershey Foods (NYSE:HSY) upped the target price from $114.00 to $115.00 that suggested an upside of 0.09%.

Performance Chart

Hershey Foods (NYSE:HSY)

With a total market value of $0, Hershey Foods has price-earnings ratio of 34.74 with a one year low of $94.03 and a one year high of $116.49 .

A total of 14 equity analysts have released a research note on HSY. Three equity analysts rating the company a strong buy, one equity analyst rating the company a buy, twelve equity analysts rating the company a hold, two equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $90.14.

More About Hershey Foods (NYSE:HSY)

The Hershey Company is a producer of chocolate in North America. The Company's principal product offerings include chocolate and non-chocolate confectionery products; gum and mint refreshment products; pantry items, such as baking ingredients and beverages, and snack items, such as spreads, meat snacks, bars and snack bites and mixes. Its segments include North America, and International and Other. The North America segment includes its chocolate and non-chocolate confectionery business, as well as its grocery and snacks business. This includes developing and growing its business in chocolate and non-chocolate confectionery, pantry, food service and other snacking product lines. The Company distributes and sells confectionery products in export markets of Asia, Latin America, the Middle East, Europe, Africa and other regions. As of December 31, 2016, the Company marketed, sold and distributed its products under more than 80 brand names in approximately 70 countries across the world.

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