Evercore ISI Increases Post (NYSE:POST) Price Target to $126.00

Post (NYSE:POST) had its price objective raised by investment analysts at Evercore ISI from $123.00 to $126.00 in a research note issued on Monday,Benzinga reports. The brokerage currently has an “outperform” rating on the stock. Evercore ISI’s target price points to a potential upside of 14.23% from the stock’s previous close.

Other equities analysts have also recently issued reports about the company. Wells Fargo & Company raised their target price on Post from $108.00 to $120.00 and gave the stock an “equal weight” rating in a report on Monday, August 5th. 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 report on Tuesday, August 6th. Finally, Stifel Nicolaus lifted their price target on Post from $120.00 to $130.00 and gave the stock a “buy” rating in a research report on Monday, August 5th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, Post presently has an average rating of “Moderate Buy” and an average target price of $124.17.

Post Trading Up 1.6 %

NYSE:POST opened at $110.30 on Monday. The company has a 50 day simple moving average of $112.79 and a two-hundred day simple moving average of $109.79. The company has a market cap of $6.44 billion, a PE ratio of 19.55 and a beta of 0.64. The company has a current ratio of 2.36, a quick ratio of 1.56 and a debt-to-equity ratio of 1.66. Post has a 12 month low of $83.73 and a 12 month high of $118.96.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in POST. Opal Wealth Advisors LLC purchased a new stake in Post in the second quarter worth about $27,000. V Square Quantitative Management LLC purchased a new stake in Post during the 3rd quarter valued at about $27,000. New Covenant Trust Company N.A. purchased a new position in Post during the 1st quarter worth approximately $29,000. Ashton Thomas Securities LLC acquired a new position in Post during the third quarter valued at $33,000. Finally, Bessemer Group Inc. lifted its holdings in shares of Post by 263.8% in the 1st 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. Hedge funds and other institutional investors own 94.85% of the company’s stock.

Post Company Profile

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.