Evercore ISI Forecasts Strong Price Appreciation for Post (NYSE:POST) Stock

Post (NYSE:POST) had its target price upped by investment analysts at Evercore ISI from $123.00 to $126.00 in a note issued to investors on Monday,Benzinga reports. The firm presently has an “outperform” rating on the stock. Evercore ISI’s price target would indicate a potential upside of 16.41% from the company’s current price.

Other equities research analysts have also issued reports about the company. Wells Fargo & Company raised their target price on Post from $108.00 to $120.00 and gave the company an “equal weight” rating in a research report on Monday, August 5th. Stifel Nicolaus increased their target price on shares of Post from $120.00 to $130.00 and gave the company a “buy” rating in a research report on Monday, August 5th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Post from $118.00 to $125.00 and gave the stock an “overweight” rating in a report on Tuesday, August 6th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $124.83.

Post Stock Performance

Shares of POST stock traded up $2.10 during trading on Monday, hitting $108.24. The company’s stock had a trading volume of 63,926 shares, compared to its average volume of 516,627. The company has a current ratio of 2.05, a quick ratio of 1.12 and a debt-to-equity ratio of 1.62. The company has a market cap of $6.32 billion, a PE ratio of 19.02 and a beta of 0.64. The business has a fifty day moving average of $112.95 and a 200-day moving average of $109.77. Post has a 52 week low of $83.73 and a 52 week high of $118.96.

Institutional Trading of Post

Several hedge funds and other institutional investors have recently modified their holdings of POST. Opal Wealth Advisors LLC purchased a new stake in shares of Post during the second quarter worth $27,000. V Square Quantitative Management LLC bought a new position in shares of Post in the third quarter worth $27,000. New Covenant Trust Company N.A. bought a new position in shares of Post in the first quarter worth $29,000. Ashton Thomas Securities LLC purchased a new stake in shares of Post in the third quarter worth $33,000. Finally, Bessemer Group Inc. boosted its stake in Post by 263.8% during the first quarter. Bessemer Group Inc. now owns 342 shares of the company’s stock valued at $36,000 after buying an additional 248 shares during the period. Institutional investors 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.