Stock Analysis:Post Holdings Inc (NYSE:POST) Price Target Upgraded
In an interesting research report issued by Barclays Capital on Thursday morning, Post Holdings Inc (NYSE:POST) had its TP boosted to $77.00. The firm presently has a solid Overweight rating on shares.
From a total of 6 analysts covering Post (NYSE:POST) stock, 6 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that 100% of the ratings are positive. The highest target price is $75 while the lowest target price is $65. The mean of all analyst targets is $70.67 with a 2.27% above today’s ($69.1) stock price. Post was the topic of 8 analyst reports since August 10, 2015 according to the firm StockzIntelligence Inc. Stifel Nicolaus maintained shares on November 25 with “Buy” rating. SunTrust upgraded POST stock in a recent report from September 30 to “Buy” rating. Finally, TheStreet upgraded the stock to “Buy” rating in a report issued on an August 17.
The stock increased 4.52% or $2.99 on November 25, striking $69.1. Approximately 1.27M shares of stock traded hands or 100.83% up from the average. Post Holdings Inc (NYSE:POST) has risen 45.17% since April 24, 2015 and is uptrending. It has outperformed by 46.53% the S&P500.
Post Holdings, Inc. is a consumer packaged goods holding company. The company has a market cap of $4.19 billion. The Firm operates through four divisions, namely, Post Consumer Brands, Michael Foods Group, Active Nutrition and Private Brands. It currently has negative earnings. The Company’s Post Consumer Brands segment includes the Post Foods branded ready-to-eat cereal activities and the business of MOM Brands.
According to Zacks Investment Research, “Post Holdings Inc. is a manufacturer, marketer and distributor of branded ready-to-eat cereals in the United States and Canada. The Company’s products are manufactured through a production platform consisting of four owned primary facilities and sold through a variety of channels such as grocery stores, mass merchandisers, club stores, and drug stores. Its portfolio of brands includes diverse offerings such as Honey Bunches of Oats, Pebbles, Post Selects, Great Grains, Spoon Size Shredded Wheat, Post Raisin Bran, Grape-Nuts and Honeycomb. Post Holdings Inc. is based in St. Louis, Missouri.” Get a free copy of the Zacks research report on Post Holdings Inc (POST)