In a report released today, Matthew Smith, CFA from Stifel Nicolaus maintained a Buy rating on Post Holdings (POST – Research Report), with a price target of $98.00. The company’s shares opened today at $84.57.
Smith, CFA covers the Consumer Defensive sector, focusing on stocks such as Mondelez International, JM Smucker, and Post Holdings. According to TipRanks, Smith, CFA has an average return of -0.7% and a 44.83% success rate on recommended stocks.
Post Holdings has an analyst consensus of Strong Buy, with a price target consensus of $103.33, representing a 22.18% upside. In a report released today, Piper Sandler also reiterated a Buy rating on the stock with a $115.00 price target.
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The company has a one-year high of $98.84 and a one-year low of $78.85. Currently, Post Holdings has an average volume of 541.8K.
Based on the recent corporate insider activity of 62 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of POST in relation to earlier this year.
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Post Holdings (POST) Company Description:
Post Holdings, Inc. is a consumer packaged goods holding company, which engages in operating of centre-of-the-store, refrigerated, foodservice, food ingredient, active nutrition, and private brand food categories. It operates through the following segments: Post Consumer Brands, Weetabix, Refrigerated Food, Active Nutrition, and Foodservice. The Post Consumer Brands segment manufactures, markets, and sells branded and private label RTE cereal and hot cereal products. The Weetabix segment focuses in the marketing and distribution of branded and private label RTE cereal products. The Refrigerated Food segment produces and/or distributes egg products, sausage, side dishes, cheese, and other refrigerated products to retail and foodservice customers. The Active Nutrition segment markets and distributes ready-to-drink beverages, bars, powders, and other nutritional supplements. The Foodservice segment includes egg and potato products. The company was founded by Charles William Post in 1895 and is headquartered in St. Louis, MO.
Read More on POST:
- Post Holdings Reports Results for the Fourth Quarter and Fiscal Year 2023
- Post Holdings sees FY24 adjusted EBITDA $1.2B-$1.26B
- Post Holdings reports Q4 adjusted EPS $1.63, consensus $1.34
- Post Holdings Provides Additional Details Regarding the Fourth Quarter Fiscal 2023 Conference Call
- POST Upcoming Earnings Report: What to Expect?
