Hasbro, Inc. (NASDAQ:HAS) Given Average Rating of “Moderate Buy” by Analysts

Shares of Hasbro, Inc. (NASDAQ:HASGet Free Report) have been given a consensus rating of “Moderate Buy” by the twelve analysts that are covering the firm, MarketBeat reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and nine have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $94.6364.

Several research firms have recently issued reports on HAS. Wall Street Zen downgraded Hasbro from a “strong-buy” rating to a “buy” rating in a research note on Sunday, January 11th. Wolfe Research boosted their target price on shares of Hasbro from $89.00 to $90.00 in a report on Wednesday, October 29th. Roth Mkm upped their price target on shares of Hasbro from $96.00 to $105.00 and gave the company a “buy” rating in a research report on Wednesday. Jefferies Financial Group raised their price target on shares of Hasbro from $90.00 to $95.00 and gave the company a “buy” rating in a research note on Monday, December 29th. Finally, UBS Group boosted their price objective on shares of Hasbro from $89.00 to $99.00 and gave the stock a “buy” rating in a research note on Wednesday, January 7th.

Read Our Latest Report on Hasbro

Hasbro Price Performance

Shares of HAS opened at $95.43 on Friday. The company has a quick ratio of 1.42, a current ratio of 1.70 and a debt-to-equity ratio of 7.65. The stock has a market cap of $13.39 billion, a PE ratio of -23.80, a PEG ratio of 1.73 and a beta of 0.56. Hasbro has a 12-month low of $49.00 and a 12-month high of $97.41. The business has a 50-day simple moving average of $85.26 and a two-hundred day simple moving average of $80.07.

Trending Headlines about Hasbro

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Insider Buying and Selling

In other Hasbro news, Director Hope F. Cochran sold 4,000 shares of the company’s stock in a transaction dated Monday, November 10th. The stock was sold at an average price of $77.24, for a total value of $308,960.00. Following the sale, the director owned 17,102 shares in the company, valued at approximately $1,320,958.48. The trade was a 18.96% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.85% of the company’s stock.

Hedge Funds Weigh In On Hasbro

Hedge funds and other institutional investors have recently made changes to their positions in the stock. CYBER HORNET ETFs LLC acquired a new position in shares of Hasbro in the 2nd quarter worth approximately $25,000. MUFG Securities EMEA plc acquired a new position in Hasbro in the second quarter valued at $28,000. First Horizon Corp bought a new stake in Hasbro during the third quarter valued at $29,000. Foster Dykema Cabot & Partners LLC bought a new stake in Hasbro during the third quarter valued at $34,000. Finally, Pittenger & Anderson Inc. acquired a new stake in Hasbro during the 2nd quarter worth about $35,000. 91.83% of the stock is owned by institutional investors and hedge funds.

Hasbro Company Profile

(Get Free Report)

Hasbro, Inc is a global play and entertainment company, known for designing, manufacturing and marketing a diverse portfolio of toys, games and consumer products. Founded in 1923 as Hassenfeld Brothers and headquartered in Pawtucket, Rhode Island, the company has grown into one of the foremost names in the toy industry, with a presence in retail, digital and entertainment channels worldwide.

The company’s brand portfolio features iconic properties such as Monopoly, Play-Doh, Nerf, My Little Pony and Transformers.

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Analyst Recommendations for Hasbro (NASDAQ:HAS)

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