Post (NYSE:POST) Given New $126.00 Price Target at Evercore ISI

Post (NYSE:POST) had its price target raised by research analysts at Evercore ISI from $123.00 to $126.00 in a report released on Monday,Benzinga reports. The firm presently has an “outperform” rating on the stock. Evercore ISI’s price target points to a potential upside of 16.41% from the stock’s current price.

A number of other research analysts have also recently commented on the company. JPMorgan Chase & Co. increased their target price on Post from $118.00 to $125.00 and gave the company an “overweight” rating in a research note on Tuesday, August 6th. Stifel Nicolaus increased their price target 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, Wells Fargo & Company increased their target price on shares of Post from $108.00 to $120.00 and gave the company an “equal weight” rating in a report on Monday, August 5th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, Post currently has a consensus rating of “Moderate Buy” and an average target price of $124.83.

Post Price Performance

POST stock traded up $2.10 during midday trading on Monday, reaching $108.24. The company had a trading volume of 63,926 shares, compared to its average volume of 516,627. The firm has a 50-day moving average price of $112.95 and a 200-day moving average price of $109.77. The company has a debt-to-equity ratio of 1.62, a current ratio of 2.05 and a quick ratio of 1.12. The company has a market capitalization of $6.32 billion, a P/E ratio of 19.02 and a beta of 0.64. Post has a 1 year low of $83.73 and a 1 year high of $118.96.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Opal Wealth Advisors LLC purchased a new stake in Post during the 2nd quarter valued at $27,000. V Square Quantitative Management LLC bought a new position in shares of Post during the third quarter valued at about $27,000. New Covenant Trust Company N.A. purchased a new stake in shares of Post during the first quarter worth about $29,000. Ashton Thomas Securities LLC bought a new stake in shares of Post in the third quarter worth about $33,000. Finally, Bessemer Group Inc. raised its position in Post by 263.8% during the 1st quarter. Bessemer Group Inc. now owns 342 shares of the company’s stock valued at $36,000 after purchasing an additional 248 shares during the last quarter. 94.85% of the stock is owned by hedge funds and other institutional investors.

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.