Post Holdings Inc (POST) is Reiterated by Stifel to Buy, Lowers Price Target to $ 85

Post Holdings Inc (POST) was Reiterated by Stifel to “Buy” while Lowering the Price Target of the company shares to $ 85 from a previous price target of $95 . Stifel advised their investors in a research report released on Nov 21, 2016.

Many Wall Street Analysts have commented on Post Holdings Inc. Shares were Reiterated by Stifel on Nov 21, 2016 to “Buy” and Lowered the Price Target to $ 85 from a previous price target of $95 .

On the company’s financial health, Post Holdings Inc reported $0.61 EPS for the quarter, beating the analyst consensus estimate by $ 0.17 according to the earnings call on Nov 17, 2016. Analyst had a consensus of $0.44. The company had revenue of $1260.80 million for the quarter, compared to analysts expectations of $1309.04 million. The company’s revenue was down -3.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.06 EPS.

Post Holdings Inc closed down -2.41 points or -3.22% at $72.34 with 42,41,200 shares getting traded on Monday. Post opening the session at $74.92, the shares hit an intraday low of $69.1 and an intraday high of $77.47 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

In a different news, on Aug 24, 2016, Richard R Koulouris (EVP; Pres & CEO, Private Brnds) sold 21,942 shares at $85.33 per share price.

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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