Hasbro (NASDAQ:HAS)‘s stock had its “hold” rating reiterated by analysts at BMO Capital Markets in a research note issued to investors on Monday, TipRanks reports. They currently have a $76.00 price target on the stock. BMO Capital Markets’ price target indicates a potential upside of 4.96% from the stock’s current price.
A number of other analysts have also issued reports on HAS. Goldman Sachs Group decreased their target price on shares of Hasbro from $103.00 to $88.00 and set a “buy” rating on the stock in a research report on Tuesday, April 21st. Jefferies Financial Group restated a “buy” rating and set a $88.00 target price on shares of Hasbro in a research report on Tuesday, June 16th. Barclays decreased their target price on shares of Hasbro from $112.00 to $95.00 and set an “overweight” rating on the stock in a research report on Monday, May 4th. BidaskClub lowered shares of Hasbro from a “hold” rating to a “sell” rating in a research report on Tuesday, June 23rd. Finally, UBS Group decreased their price target on shares of Hasbro from $117.00 to $107.00 and set a “buy” rating on the stock in a report on Tuesday, May 26th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and ten have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $85.76.
HAS stock opened at $72.41 on Monday. The company’s 50 day simple moving average is $74.95 and its 200-day simple moving average is $78.33. The firm has a market capitalization of $10.04 billion, a PE ratio of 22.08, a P/E/G ratio of 1.61 and a beta of 0.97. Hasbro has a 12 month low of $41.33 and a 12 month high of $126.87. The company has a debt-to-equity ratio of 1.87, a current ratio of 1.91 and a quick ratio of 1.65.
Several hedge funds have recently modified their holdings of the company. BlackRock Inc. raised its stake in shares of Hasbro by 3.0% in the 1st quarter. BlackRock Inc. now owns 10,720,333 shares of the company’s stock valued at $767,039,000 after acquiring an additional 309,287 shares during the period. State Street Corp raised its stake in shares of Hasbro by 4.1% in the 1st quarter. State Street Corp now owns 5,537,769 shares of the company’s stock valued at $396,227,000 after acquiring an additional 215,965 shares during the period. Principal Financial Group Inc. raised its stake in shares of Hasbro by 5.2% in the 1st quarter. Principal Financial Group Inc. now owns 3,842,565 shares of the company’s stock valued at $274,935,000 after acquiring an additional 190,606 shares during the period. HS Management Partners LLC purchased a new position in shares of Hasbro in the 1st quarter valued at $154,444,000. Finally, Geode Capital Management LLC increased its stake in Hasbro by 7.4% during the 1st quarter. Geode Capital Management LLC now owns 2,137,627 shares of the company’s stock worth $152,671,000 after buying an additional 146,578 shares during the period. 80.74% of the stock is currently 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.