Post (NYSE:POST) was upgraded by ValuEngine from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Friday.
POST has been the subject of a number of other reports. Piper Jaffray Companies began coverage on shares of Post in a research report on Thursday, August 16th. They set an “overweight” rating and a $115.00 price target for the company. Zacks Investment Research upgraded shares of Post from a “hold” rating to a “buy” rating and set a $106.00 price target for the company in a research report on Saturday, October 6th. Vertical Group cut shares of Post from a “buy” rating to a “hold” rating in a research note on Wednesday, June 27th. Stifel Nicolaus raised their price objective on shares of Post from $97.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday, October 5th. Finally, Barclays began coverage on shares of Post in a research note on Tuesday, August 14th. They set an “overweight” rating and a $105.00 price objective for the company. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and nine have given a buy rating to the company’s stock. Post presently has a consensus rating of “Buy” and a consensus price target of $110.25.
Shares of POST stock traded up $0.82 during midday trading on Friday, reaching $95.78. 390,800 shares of the company traded hands, compared to its average volume of 730,564. Post has a 1-year low of $70.66 and a 1-year high of $101.43. The company has a current ratio of 1.94, a quick ratio of 1.21 and a debt-to-equity ratio of 2.35. The company has a market cap of $6.39 billion, a price-to-earnings ratio of 35.87, a PEG ratio of 1.26 and a beta of -0.14.
Several institutional investors and hedge funds have recently modified their holdings of POST. Cornerstone Wealth Management LLC purchased a new position in shares of Post during the 2nd quarter worth approximately $136,000. Toronto Dominion Bank purchased a new position in shares of Post during the 2nd quarter worth approximately $181,000. Cerebellum GP LLC purchased a new position in shares of Post during the 3rd quarter worth approximately $185,000. CIBC Asset Management Inc purchased a new stake in Post in the 2nd quarter worth approximately $211,000. Finally, Raymond James Financial Services Advisors Inc. purchased a new stake in Post in the 2nd quarter worth approximately $213,000.
Post Holdings, Inc operates as a consumer packaged goods holding company in the United States and internationally. It manufactures and sells ready-to-eat cereal and hot cereal, egg, refrigerated potato, cheese and other dairy case, and pasta products; and markets and distributes ready-to-drink beverages, bars, powders and other nutritional supplements.
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To view ValuEngine’s full report, visit ValuEngine’s official website.
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