Post Holdings Rating Reiterated by Citigroup Inc. (POST)
Post Holdings (NASDAQ:POST)‘s stock had its “buy” rating reiterated by research analysts at Citigroup Inc. in a report released on Tuesday. They currently have a $50.00 target price on the stock, down from their previous target price of $70.00. Citigroup Inc.’s target price would indicate a potential upside of 33.48% from the company’s current price.
Post Holdings (NASDAQ:POST) traded down 1.31% on Tuesday, hitting $36.97. The stock had a trading volume of 736,182 shares. Post Holdings has a 52 week low of $32.87 and a 52 week high of $60.63. The stock has a 50-day moving average of $47.23 and a 200-day moving average of $51.76. The company’s market cap is $1.657 billion.
Post Holdings (NASDAQ:POST) last announced its earnings results on Thursday, August 7th. The company reported ($0.30) EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.27 by $0.57. The company had revenue of $633.00 million for the quarter, compared to the consensus estimate of $636.70 million. During the same quarter in the prior year, the company posted $0.29 earnings per share. On average, analysts predict that Post Holdings will post $-0.41 earnings per share for the current fiscal year.
Separately, analysts at SunTrust downgraded shares of Post Holdings from a “buy” rating to a “neutral” rating in a research note on Friday. They now have a $45.00 price target on the stock, down previously from $70.00. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $50.33.
Post Holdings, Inc, is a holding company. The Company is a manufacturer, marketer and distributor of branded ready-to-eat cereals in the United States and Canada.
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