Hasbro (NASDAQ:HAS) had its target price raised by stock analysts at Jefferies Financial Group from $113.00 to $115.00 in a research report issued to clients and investors on Tuesday, Benzinga reports. The firm currently has a “buy” rating on the stock. Jefferies Financial Group’s price objective would indicate a potential upside of 15.74% from the company’s current price.
Several other brokerages have also commented on HAS. BMO Capital Markets dropped their price objective on Hasbro from $90.00 to $85.00 and set a “market perform” rating on the stock in a report on Tuesday, February 9th. Bank of America raised their price objective on Hasbro from $92.00 to $106.00 and gave the company a “neutral” rating in a report on Thursday, February 4th. KeyCorp lifted their price target on Hasbro from $100.00 to $105.00 and gave the stock an “overweight” rating in a research note on Thursday, April 29th. Truist Securities lifted their price target on Hasbro from $95.00 to $100.00 and gave the stock a “hold” rating in a research note on Monday, March 22nd. Finally, Stifel Nicolaus reduced their price objective on Hasbro from $115.00 to $114.00 and set a “buy” rating on the stock in a research report on Tuesday, February 9th. Five analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Hasbro has an average rating of “Buy” and an average price target of $102.13.
Shares of Hasbro stock opened at $99.36 on Tuesday. The stock’s fifty day moving average is $97.13 and its two-hundred day moving average is $93.31. The company has a market capitalization of $13.67 billion, a PE ratio of 34.74, a price-to-earnings-growth ratio of 2.55 and a beta of 0.90. The company has a quick ratio of 1.39, a current ratio of 1.62 and a debt-to-equity ratio of 1.70. Hasbro has a 52 week low of $60.20 and a 52 week high of $101.24.
Several hedge funds have recently modified their holdings of HAS. FMR LLC raised its stake in shares of Hasbro by 3.2% during the 1st quarter. FMR LLC now owns 60,034 shares of the company’s stock worth $5,104,000 after buying an additional 1,884 shares in the last quarter. Advisor Partners LLC grew its holdings in shares of Hasbro by 10.6% in the 3rd quarter. Advisor Partners LLC now owns 4,754 shares of the company’s stock worth $393,000 after acquiring an additional 457 shares during the period. Brinker Capital Investments LLC acquired a new stake in shares of Hasbro in the 3rd quarter worth approximately $2,324,000. Van ECK Associates Corp grew its holdings in shares of Hasbro by 20.9% in the 3rd quarter. Van ECK Associates Corp now owns 1,013 shares of the company’s stock worth $84,000 after acquiring an additional 175 shares during the period. Finally, Sei Investments Co. grew its holdings in Hasbro by 45.9% during the 3rd quarter. Sei Investments Co. now owns 56,614 shares of the company’s stock valued at $4,719,000 after buying an additional 17,807 shares during the last quarter. 79.27% of the stock is owned by institutional investors and hedge funds.
Hasbro, Inc, together with its subsidiaries, operates as a play and entertainment company. The company's U.S. and Canada segment markets and sells action figures, arts and crafts, and creative play products; electronic toys and related electronic interactive products; fashion and other dolls, infant products, play sets, preschool toys, plush products, and sports action blasters and accessories; and vehicles and toy-related specialty products, as well as traditional board games, and trading card and role-playing games primarily in the United States and Canada.
Receive News & Ratings for Hasbro Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hasbro and related companies with MarketBeat.com's FREE daily email newsletter.