Post Holdings Inc (POST) is Reiterated by Pivotal Research Group to Buy, Raises Price Target to $ 90

Post Holdings Inc (POST) was Reiterated by Pivotal Research Group to “Buy” according to the research note released today. The brokerage firm has raised the Price Target to $ 90 from a previous price target of $83 . Pivotal Research Group advised their investors in a research report released on May 6, 2016.

On the company’s financial health, Post Holdings Inc reported $0.15 EPS for the quarter, missing the analyst consensus estimate by $ -0.19 based on the information available during the earnings call on Feb 4, 2016. Analyst had a consensus of $0.34. The company had revenue of $1248.00 million for the quarter, compared to analysts expectations of $1325.66 million. The company’s revenue was up 16.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-1.15 EPS.

Post Holdings Inc opened for trading at $77.14 and hit $77.99 on the upside on Friday, eventually ending the session at $74.5, with a gain of 5.12% or 3.63 points. The heightened volatility saw the trading volume jump to 65,74,674 shares. Company has a market cap of $4,775 M.

Post Holdings Inc. is a consumer packaged goods holding company. The Company operates through four segments namely Post Consumer Brands Michael Foods Group Active Nutrition and Private Brands. The Company’s Post Consumer Brands segment includes the Post Foods branded ready-to-eat cereal operations and the business of MOM Brands. Its Michael Foods Group segment produces and distributes egg products refrigerated potato products cheese and other dairy case products and pasta products. Its Private Brands segment manufactures and distributes organic and conventional private label peanut butter and other nut butters baking nuts raisins and other dried fruit and trail mixes. Its Active Nutrition segment markets and distributes protein beverages and bars under the Premier Protein brand protein powders and bars under the Dymatize and Supreme Protein brands and ready-to-drink beverages and other liquid-based solutions under the Joint Juice brand.

Post Holdings Inc

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