Where Hershey Stands With Analysts
Portfolio Pulse from Benzinga Insights
Hershey (NYSE:HSY) has received a mix of analyst ratings in the last quarter, with 2 bullish, 3 somewhat bullish, and 6 indifferent. No bearish ratings were reported. The average 12-month price target for Hershey is $220.45, with a high of $250.00 and a low of $180.00. This average has decreased by 12.0% from the previous average price target of $250.50. Analysts use various methods and metrics to determine their ratings and predictions for stocks like Hershey.
December 08, 2023 | 7:00 pm
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NEUTRAL IMPACT
Hershey has a current average analyst price target of $220.45, which is a 12.0% decrease from the previous target. The ratings are mostly neutral with a slight positive inclination.
The decrease in the average price target suggests a tempered expectation for Hershey's stock performance. However, the absence of bearish ratings and the presence of bullish and somewhat bullish ratings indicate a generally positive outlook among analysts. This could lead to a neutral short-term impact on HSY's stock price as the market digests these mixed signals.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100