BMO Capital Markets raises its price target on Post (NYSE:POST) to $99.00.

According to The Fly, BMO Capital Markets sent out a note to investors on Monday stating that it was raising its price target for Post (NYSE:POST) from $96.00 to $99.00. The price target provided by BMO Capital Markets indicates that the stock could see an increase of 11.30% from its most recent closing price.

Numerous articles have been written about the company by various analysts. The price target that Stifel Nicolaus has set for Post has risen from $95.00 to $100.00, as shown in a research note published on August 8. StockNews.com first published research on Post on Oct. 12, the day after the website began covering the company. They have decided to maintain their “hold” rating for the company. Evercore ISI raised its target price on Post to $98.00 in a research report released Monday, August 15. Piper Sandler finally lowered her price target on Post to $107.00 in a research report released Thursday, October 13. The recommendations of two equity research analysts are to hold the stock, while four analysts recommend to buy the stock. According to data from Bloomberg, the company is now classified as having a “Moderate Buy” average rating and a price target of $93.00.
On Monday, POST’s opening price was $88.95. The moving average for the company over the past fifty days is $86.36 and the moving average over the past 200 days is $84.56. The company’s market cap currently sits at $5.32 billion, its P/E ratio is 7.30, and its beta is 0.64. The debt/equity ratio is 1.82; the quick ratio on the current ratio is 2.03 and the current ratio on the quick ratio is 2.70. The price of Post shares has ranged from a low of $62.83 to a high of $92.66 over the past 52 weeks.
Recently, hedge funds have increased the amount of stocks they hold in their portfolios. Standard Family Office LLC increased the size of its portfolio by approximately $25,000 during the third quarter by purchasing a new post-market equity stake. During the third quarter, Quadrant Capital Group LLC increased Post’s ownership percentage to 48.8%. Since the start of the last quarter, Quadrant Capital Group LLC has acquired 117 shares, bringing its total holdings to 357 worth $29,000. During the first three months of the year, Prospera Financial Services, Inc. acquired a new position in aftermarket stock worth approximately thirty thousand dollars. Bessemer Group Inc. increased its stake in Post by 1,015.0% during the third quarter of the current fiscal year. Groupe Bessemer Inc. now owns 446 shares of the company worth $37,000, following the acquisition of 406 additional shares during the last fiscal quarter. Finally, Ellevest Inc. increased its stake in Post by 136.9% during the third quarter of this fiscal year. Following the acquisition of 293 additional shares during the period in question, Ellevest Inc. now owns a total of 507 shares of the company, worth $42,000. Institutional investors now own 90.33% of the company’s shares.

Post Holdings, Inc. is a consumer packaged goods holding company that operates in the United States and other countries and regions around the world. Its businesses are divided into the following five categories: post-consumer brands; Weetabix; food service; retail sale of refrigerators; and the BellRing marks. Post Consumer Brands is a company specializing in the production, sale and marketing of ready-to-eat (RTE) and hot cereals. These products are sold under the name “Post Consumer Brands”.