In a report issued on May 9, Andrew Lazar from Barclays maintained a Buy rating on Post Holdings (POST – Research Report), with a price target of $93.00. The company’s shares closed last Tuesday at $78.60.
According to TipRanks.com, Lazar is a 4-star analyst with an average return of 3.9% and a 56.8% success rate. Lazar covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Lamb Weston Holdings, and TreeHouse Foods.
Currently, the analyst consensus on Post Holdings is a Strong Buy with an average price target of $88.86, a 9.4% upside from current levels. In a report issued on May 9, Citigroup also initiated coverage with a Buy rating on the stock with a $92.00 price target.
Post Holdings’ market cap is currently $4.94B and has a P/E ratio of 10.47.
Based on the recent corporate insider activity of 81 insiders, corporate insider sentiment is neutral on the stock.
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Post Holdings, Inc. is a consumer packaged goods holding company, which engages in operating of centre-of-the-store, refrigerated, foodservice, food ingredient, active nutrition, and private brand food categories. It operates through the following segments: Post Consumer Brands, Weetabix, Refrigerated Food, Active Nutrition, and Foodservice. The Post Consumer Brands segment manufactures, markets, and sells branded and private label RTE cereal and hot cereal products. The Weetabix segment focuses in the marketing and distribution of branded and private label RTE cereal products. The Refrigerated Food segment produces and/or distributes egg products, sausage, side dishes, cheese, and other refrigerated products to retail and foodservice customers. The Active Nutrition segment markets and distributes ready-to-drink beverages, bars, powders, and other nutritional supplements. The Foodservice segment includes egg and potato products. The company was founded by Charles William Post in 1895 and is headquartered in St. Louis, MO.
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