Hasbro (NASDAQ:HAS – Free Report) had its target price raised by Jefferies Financial Group from $95.00 to $112.00 in a research report sent to investors on Friday,MarketScreener reports. Jefferies Financial Group currently has a buy rating on the stock.
Several other analysts have also recently issued reports on the stock. Seaport Research Partners raised shares of Hasbro to a “strong-buy” rating in a research report on Monday, November 10th. Zacks Research downgraded shares of Hasbro from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 10th. Wolfe Research increased their target price on shares of Hasbro from $89.00 to $90.00 in a report on Wednesday, October 29th. UBS Group boosted their price target 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. Finally, Morgan Stanley increased their price objective on Hasbro from $94.00 to $103.00 and gave the company an “overweight” rating in a research note on Monday, February 2nd. Nine equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Hasbro has an average rating of “Moderate Buy” and a consensus price target of $96.18.
Get Our Latest Stock Analysis on HAS
Hasbro Price Performance
Institutional Trading of Hasbro
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. TD Waterhouse Canada Inc. increased its stake in Hasbro by 4,246.5% in the third quarter. TD Waterhouse Canada Inc. now owns 80,193 shares of the company’s stock valued at $6,040,000 after acquiring an additional 78,348 shares during the last quarter. Prudential Financial Inc. increased its position in Hasbro by 14.2% during the 2nd quarter. Prudential Financial Inc. now owns 159,288 shares of the company’s stock valued at $11,759,000 after purchasing an additional 19,752 shares during the period. AGF Management Ltd. bought a new stake in Hasbro during the 3rd quarter valued at approximately $895,000. Truist Financial Corp grew its position in shares of Hasbro by 28.7% in the 3rd quarter. Truist Financial Corp now owns 54,210 shares of the company’s stock worth $4,112,000 after buying an additional 12,084 shares during the period. Finally, Picton Mahoney Asset Management grew its stake in shares of Hasbro by 249.9% in the 2nd quarter. Picton Mahoney Asset Management now owns 205,967 shares of the company’s stock worth $15,203,000 after buying an additional 147,104 shares during the last quarter. 91.83% of the stock is currently owned by institutional investors.
Key Headlines Impacting Hasbro
Here are the key news stories impacting Hasbro this week:
- Positive Sentiment: Hasbro Entertainment is tied to an HBO adaptation of Baldur’s Gate, extending Hasbro’s ability to monetize gaming IP through premium TV and streaming—positive for long‑term licensing and media revenue. ‘Baldur’s Gate’ TV Series Continuing Game’s Story In Works At HBO
- Positive Sentiment: Peppa Pig introduces George’s moderate hearing loss in its latest season—an inclusivity move that can boost brand relevance and merchandising opportunities for Hasbro’s eOne portfolio. Peppa Pig’s Brother George Revealed To Have ‘Moderate Hearing Loss’
- Positive Sentiment: Zacks highlights HAS as a top momentum stock for long‑term investors, signaling favorable quantitative/style scores that may attract momentum and model-driven flows. Why Hasbro (HAS) is a Top Momentum Stock for the Long-Term
- Positive Sentiment: Analysts’ consensus on HAS is an average “Moderate Buy,” which supports investor sentiment and could limit downside if Q4 results meet expectations. Hasbro, Inc. Given Average Rating of “Moderate Buy” by Analysts
- Neutral Sentiment: Zacks published earnings previews and Wall Street estimates for Hasbro’s Q4 — useful for gauging expectations for Wizards of the Coast, holiday product mix and pricing impact ahead of the print. Gear Up for Hasbro (HAS) Q4 Earnings: Wall Street Estimates for Key Metrics
- Neutral Sentiment: Zacks also outlined key items to watch in the Q4 release (Wizards of the Coast performance, holiday launches, pricing mix) — these details will drive near‑term share moves but are not new. Hasbro Prepares to Unveil Q4 Earnings: Key Things to Watch
- Negative Sentiment: Hasbro underperformed peers in the most recent trading session, a driver of today’s weakness as investors show caution ahead of quarterly results and reassess near‑term growth prospects. Hasbro Inc. stock underperforms Thursday when compared to competitors
About Hasbro
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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