Hasbro (NASDAQ:HAS) Given New $112.00 Price Target at Jefferies Financial Group

Hasbro (NASDAQ:HASGet Free Report) had its price objective hoisted by equities researchers at Jefferies Financial Group from $95.00 to $112.00 in a report released on Friday,MarketScreener reports. The brokerage presently has a “buy” rating on the stock. Jefferies Financial Group’s target price suggests a potential upside of 19.35% from the company’s current price.

A number of other research analysts have also issued reports on HAS. Wolfe Research lifted their target price on Hasbro from $89.00 to $90.00 in a report on Wednesday, October 29th. Weiss Ratings restated a “sell (d)” rating on shares of Hasbro in a research report on Monday, December 29th. Roth Mkm boosted their target price on shares of Hasbro from $96.00 to $105.00 and gave the stock a “buy” rating in a report on Wednesday. Seaport Research Partners raised shares of Hasbro to a “strong-buy” rating in a research note on Monday, November 10th. Finally, Morgan Stanley raised their target price on shares of Hasbro from $94.00 to $103.00 and gave the stock an “overweight” rating in a report on Monday. Nine equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Hasbro presently has a consensus rating of “Moderate Buy” and an average price target of $96.18.

View Our Latest Stock Analysis on HAS

Hasbro Price Performance

Shares of NASDAQ:HAS opened at $93.84 on Friday. The stock’s 50 day moving average price is $85.49 and its 200 day moving average price is $80.19. The company has a debt-to-equity ratio of 7.65, a current ratio of 1.70 and a quick ratio of 1.42. The stock has a market cap of $13.17 billion, a price-to-earnings ratio of -23.40, a PEG ratio of 1.71 and a beta of 0.56. Hasbro has a 12 month low of $49.00 and a 12 month high of $97.41.

Insiders Place Their Bets

In other Hasbro news, Director Hope F. Cochran sold 4,000 shares of Hasbro stock in a transaction that occurred on Monday, November 10th. The shares were sold at an average price of $77.24, for a total transaction of $308,960.00. Following the transaction, the director directly 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 document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.85% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. CYBER HORNET ETFs LLC bought a new stake in Hasbro during the second quarter valued at about $25,000. MUFG Securities EMEA plc bought a new position in shares of Hasbro in the second quarter worth about $28,000. First Horizon Corp acquired a new position in shares of Hasbro during the 3rd quarter worth about $29,000. Foster Dykema Cabot & Partners LLC acquired a new position in shares of Hasbro during the 3rd quarter worth about $34,000. Finally, Pittenger & Anderson Inc. bought a new stake in Hasbro during the 2nd quarter valued at approximately $35,000. Institutional investors and hedge funds own 91.83% of the company’s stock.

Key Hasbro News

Here are the key news stories impacting Hasbro this week:

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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