Post (NYSE:POST) Price Target Raised to $126.00 at Evercore ISI

Post (NYSE:POST) had its price objective upped by Evercore ISI from $123.00 to $126.00 in a research report released on Monday,Benzinga reports. Evercore ISI currently has an outperform rating on the stock.

Other research analysts have also issued research reports about the stock. Wells Fargo & Company lifted their price target on shares of Post from $108.00 to $120.00 and gave the company an “equal weight” rating in a research note on Monday, August 5th. JPMorgan Chase & Co. lifted their price target on shares of Post from $118.00 to $125.00 and gave the company an “overweight” rating in a research note on Tuesday, August 6th. Finally, Stifel Nicolaus lifted their price target on shares of Post from $120.00 to $130.00 and gave the company a “buy” rating in a research note on Monday, August 5th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $124.83.

Post Stock Performance

Shares of POST opened at $108.56 on Monday. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.56 and a current ratio of 2.36. Post has a twelve month low of $83.73 and a twelve month high of $118.96. The firm’s 50 day moving average price is $112.95 and its two-hundred day moving average price is $109.77. The firm has a market cap of $6.34 billion, a P/E ratio of 19.25 and a beta of 0.64.

Institutional Trading of Post

Hedge funds and other institutional investors have recently made changes to their positions in the business. Quadrature Capital Ltd raised its holdings in shares of Post by 133.9% in the first quarter. Quadrature Capital Ltd now owns 23,586 shares of the company’s stock valued at $2,506,000 after purchasing an additional 13,503 shares during the last quarter. Vanguard Group Inc. increased its holdings in Post by 6.7% during the first quarter. Vanguard Group Inc. now owns 5,288,249 shares of the company’s stock worth $562,035,000 after buying an additional 332,811 shares during the last quarter. Cetera Investment Advisers increased its holdings in Post by 664.8% during the first quarter. Cetera Investment Advisers now owns 25,405 shares of the company’s stock worth $2,700,000 after buying an additional 22,083 shares during the last quarter. Tidal Investments LLC acquired a new position in Post during the first quarter worth $1,772,000. Finally, CANADA LIFE ASSURANCE Co increased its holdings in Post by 28.9% during the first quarter. CANADA LIFE ASSURANCE Co now owns 39,614 shares of the company’s stock worth $4,212,000 after buying an additional 8,871 shares during the last quarter. 94.85% of the stock is currently owned by institutional investors and hedge funds.

About Post

Post Holdings, Inc operates as a consumer packaged goods holding company in the United States and internationally. It operates through four segments: Post Consumer Brands, Weetabix, Foodservice, and Refrigerated Retail. The Post Consumer Brands segment manufactures, markets, and sells branded and private label ready-to-eat (RTE) cereals under Honey Bunches of Oats, Pebbles, and Malt-O-Meal brand names; hot cereal; peanut butter under the Peter Pan brand; and branded and private label dog and cat food products under Rachael Ray Nutrish, Nature's Recipe, 9Lives, Kibbles 'n Bits and Gravy Train brand names.