- Hershey (HSY, Financial) seeks to invigorate its product line with Reese's Filled Pretzels.
- Analyst consensus suggests a "Hold" recommendation, with mixed price targets.
- GuruFocus estimates hint at a potential 17.52% upside based on GF Value.
Hershey Co. (HSY) has unveiled an exciting addition to its snack lineup: Reese's Filled Pretzels. This innovative product melds the beloved salty crunch of pretzels with the irresistible taste of Reese's peanut butter. As Hershey faces a deceleration in North American confectionery sales, this strategic launch aims to tap into the burgeoning salty snack market, potentially revitalizing revenue streams.
Analyst Perspectives and Price Targets
Wall Street analysts have shared their one-year price targets for Hershey Co. (HSY, Financial), with 23 experts providing insights. The average price target hovers at $164.46, with projections ranging from a high of $211.56 to a low of $120.00. These estimates suggest a slight downside of 1.28% from the current trading price of $166.59. For a deeper dive into these projections, visit the The Hershey Co (HSY) Forecast page.
Brokerage Recommendations
The consensus from 26 brokerage firms places The Hershey Co. (HSY, Financial) at an average recommendation of 3.0, indicating a "Hold" status. The rating scale spans from 1, representing a Strong Buy, to 5, which indicates a Sell rating.
GF Value and Potential Upside
According to GuruFocus estimates, the GF Value for Hershey Co. (HSY, Financial) in one year is projected at $195.77, signaling a potential upside of 17.52% from the current price of $166.59. The GF Value represents GuruFocus' assessment of the stock's fair trading value, derived from historical trading multiples, past business growth, and forward-looking business performance estimates. For more detailed insights, explore the The Hershey Co (HSY) Summary page.
