Should Investors Get Sweet on Hershey Stock?
Owning shares in The Hershey Company (NYSE: HSY) has been a bitter taste in recent months. Rising cocoa prices and less appetite for chocolate left the stock rangebound, and the stock's price is down slightly from year-ago levels.
Nonetheless, consumption patterns can go in cycles, and the stock's P/E ratio is near multiyear lows. Does that mean investors should look at Hershey as a buying opportunity?
Products such as the Hershey's Milk Chocolate Bar and Hershey's Kisses have made the company a mainstay of the American consumer industry for more than 125 years. As a food stock that has traded since 1927, its approximately 90 brands built wealth for many generations of investors.
Source Fool.com
Hershey Co. Aktie
180,20 €
1,13 %
Des weiteren hat Hershey Co. derzeit 10 Buy-Einschätzungen und 2 Sell-Einschätzungen durch unsere Community zu Buche stehen.
Für Hershey Co. ergibt sich ein leicht positives Potenzial, angesichts eines Kursziels von 213 € im Vergleich zu 180.2 €.
