Post (NYSE:POST) Price Target Raised to $126.00

Post (NYSE:POST) had its price objective boosted by Evercore ISI from $123.00 to $126.00 in a research note published on Monday,Benzinga reports. They currently have an outperform rating on the stock.

Several other analysts have also commented on the company. JPMorgan Chase & Co. boosted their price target on Post from $118.00 to $125.00 and gave the company an “overweight” rating in a research note on Tuesday, August 6th. Stifel Nicolaus boosted their price target on Post from $120.00 to $130.00 and gave the company a “buy” rating in a research note on Monday, August 5th. Finally, Wells Fargo & Company boosted their price target on Post from $108.00 to $120.00 and gave the company an “equal weight” rating in a research note on Monday, August 5th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $124.17.

Post Price Performance

Shares of POST stock opened at $110.39 on Monday. The stock’s fifty day simple moving average is $112.69 and its 200 day simple moving average is $109.85. The company has a debt-to-equity ratio of 1.66, a current ratio of 2.36 and a quick ratio of 1.56. The firm has a market cap of $6.45 billion, a price-to-earnings ratio of 19.53 and a beta of 0.64. Post has a one year low of $83.73 and a one year high of $118.96.

Hedge Funds Weigh In On Post

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. boosted its stake in Post by 6.7% in the first quarter. Vanguard Group Inc. now owns 5,288,249 shares of the company’s stock worth $562,035,000 after purchasing an additional 332,811 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of Post by 0.9% during the second quarter. Dimensional Fund Advisors LP now owns 3,063,104 shares of the company’s stock worth $319,052,000 after acquiring an additional 27,448 shares during the last quarter. Holocene Advisors LP raised its position in shares of Post by 21.0% during the third quarter. Holocene Advisors LP now owns 1,405,298 shares of the company’s stock worth $162,663,000 after acquiring an additional 244,221 shares during the last quarter. Point72 Asset Management L.P. raised its position in shares of Post by 51.4% during the second quarter. Point72 Asset Management L.P. now owns 1,237,165 shares of the company’s stock worth $128,863,000 after acquiring an additional 419,945 shares during the last quarter. Finally, Thompson Siegel & Walmsley LLC raised its position in shares of Post by 3.8% during the second quarter. Thompson Siegel & Walmsley LLC now owns 874,320 shares of the company’s stock worth $91,069,000 after acquiring an additional 32,188 shares during the last quarter. Institutional investors and hedge funds own 94.85% of the company’s stock.

About Post

Post Holdings, Inc operates as a consumer packaged goods holding company in the United States and internationally. It operates through four segments: Post Consumer Brands, Weetabix, Foodservice, and Refrigerated Retail. The Post Consumer Brands segment manufactures, markets, and sells branded and private label ready-to-eat (RTE) cereals under Honey Bunches of Oats, Pebbles, and Malt-O-Meal brand names; hot cereal; peanut butter under the Peter Pan brand; and branded and private label dog and cat food products under Rachael Ray Nutrish, Nature's Recipe, 9Lives, Kibbles 'n Bits and Gravy Train brand names.