Why Hasbro Stock Gained 12% in August
Shares of Hasbro (NASDAQ: HAS) were moving higher last month as the company posted mixed results in its second-quarter earnings report, agreed to sell the eOne production studio, and got some bullish analyst notes at the end of the month.
According to data from S&P Global Market Intelligence, the stock finished the month up 12%.
As you can see from the chart below, the stock actually traded flat for most of the month before gaining toward the end of August on the two positive analyst notes.
Source Fool.com
Hasbro Inc. Stock
€54.89
-0.160%
With 17 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
With a target price of 68 € there is a positive potential of 23.88% for Hasbro Inc. compared to the current price of 54.89 €.
