Analysts Set Hasbro, Inc. (NASDAQ:HAS) Price Target at $94.64

Hasbro, Inc. (NASDAQ:HASGet Free Report) has earned a consensus recommendation of “Moderate Buy” from the twelve ratings firms that are covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and nine have given a buy recommendation to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $96.1818.

A number of brokerages have issued reports on HAS. Jefferies Financial Group lifted their target price on shares of Hasbro from $95.00 to $112.00 and gave the company a “buy” rating in a research note on Friday. Weiss Ratings reiterated a “sell (d)” rating on shares of Hasbro in a report on Monday, December 29th. Wall Street Zen upgraded Hasbro from a “buy” rating to a “strong-buy” rating in a research note on Saturday. The Goldman Sachs Group dropped their target price on Hasbro from $90.00 to $88.00 and set a “buy” rating on the stock in a research report on Friday, January 9th. Finally, UBS Group lifted their price target on Hasbro from $89.00 to $99.00 and gave the company a “buy” rating in a report on Wednesday, January 7th.

Check Out Our Latest Stock Analysis on Hasbro

Hasbro Price Performance

NASDAQ HAS opened at $93.84 on Friday. The company has a debt-to-equity ratio of 7.65, a current ratio of 1.70 and a quick ratio of 1.42. The firm has a market capitalization of $13.17 billion, a price-to-earnings ratio of -23.40, a price-to-earnings-growth ratio of 1.68 and a beta of 0.56. The company has a 50 day simple moving average of $85.49 and a 200-day simple moving average of $80.23. Hasbro has a 52-week low of $49.00 and a 52-week high of $97.41.

Key Stories Impacting Hasbro

Here are the key news stories impacting Hasbro this week:

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. CYBER HORNET ETFs LLC acquired a new position in Hasbro during the second quarter worth $25,000. MUFG Securities EMEA plc acquired a new stake in shares of Hasbro in the second quarter worth about $28,000. First Horizon Corp bought a new stake in shares of Hasbro during the 3rd quarter worth about $29,000. Foster Dykema Cabot & Partners LLC acquired a new position in shares of Hasbro during the 3rd quarter valued at about $34,000. Finally, Pittenger & Anderson Inc. bought a new position in shares of Hasbro in the 2nd quarter valued at approximately $35,000. Institutional investors and hedge funds own 91.83% of the company’s stock.

About Hasbro

(Get Free Report)

Hasbro, Inc is a global play and entertainment company, known for designing, manufacturing and marketing a diverse portfolio of toys, games and consumer products. Founded in 1923 as Hassenfeld Brothers and headquartered in Pawtucket, Rhode Island, the company has grown into one of the foremost names in the toy industry, with a presence in retail, digital and entertainment channels worldwide.

The company’s brand portfolio features iconic properties such as Monopoly, Play-Doh, Nerf, My Little Pony and Transformers.

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Analyst Recommendations for Hasbro (NASDAQ:HAS)

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