The Hershey Co has a consensus price target of $209.85 based on the ratings of 29 analysts. The high is $285 issued by Jefferies on April 28, 2023. The low is $33 issued by RBC Capital on September 14, 2022. The 3 most-recent analyst ratings were released by Goldman Sachs, RBC Capital, and JP Morgan on August 12, 2024, August 2, 2024, and August 2, 2024, respectively. With an average price target of $192.67 between Goldman Sachs, RBC Capital, and JP Morgan, there's an implied -3.02% downside for The Hershey Co from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Hershey (NYSE:HSY) was reported by Goldman Sachs on August 12, 2024. The analyst firm set a price target for $185.00 expecting HSY to fall to within 12 months (a possible -6.88% downside). 41 analyst firms have reported ratings in the last year.
The latest analyst rating for Hershey (NYSE:HSY) was provided by Goldman Sachs, and Hershey initiated their sell rating.
The last upgrade for The Hershey Co happened on January 29, 2024 when Bernstein raised their price target to $235. Bernstein previously had a market perform for The Hershey Co.
The last downgrade for The Hershey Co happened on March 26, 2024 when Exane BNP Paribas changed their price target from N/A to $208 for The Hershey Co.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Hershey, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Hershey was filed on August 12, 2024 so you should expect the next rating to be made available sometime around August 12, 2025.
While ratings are subjective and will change, the latest Hershey (HSY) rating was a initiated with a price target of $0.00 to $185.00. The current price Hershey (HSY) is trading at is $198.67, which is out of the analyst’s predicted range.
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