Post (NYSE:POST) Upgraded to “Buy” by StockNews.com

StockNews.com upgraded shares of Post (NYSE:POSTGet Rating) from a hold rating to a buy rating in a research report sent to investors on Monday.

Several other equities research analysts also recently issued reports on POST. Piper Sandler decreased their price objective on shares of Post to $107.00 in a research note on Thursday, October 13th. Evercore ISI boosted their price objective on shares of Post to $98.00 in a research note on Monday, August 15th. BMO Capital Markets boosted their target price on shares of Post from $96.00 to $99.00 in a research report on Monday. Finally, Stifel Nicolaus boosted their target price on shares of Post from $95.00 to $100.00 in a research report on Monday, August 8th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of Moderate Buy and a consensus target price of $93.00.

Post Price Performance

POST opened at $92.47 on Monday. The company has a quick ratio of 2.03, a current ratio of 2.70 and a debt-to-equity ratio of 1.82. Post has a 52-week low of $62.83 and a 52-week high of $92.66. The company has a 50 day moving average of $86.42 and a two-hundred day moving average of $84.68. The company has a market cap of $5.53 billion, a P/E ratio of 7.59 and a beta of 0.64.

Institutional Trading of Post

Several institutional investors have recently added to or reduced their stakes in the stock. M&T Bank Corp raised its holdings in Post by 18.9% in the third quarter. M&T Bank Corp now owns 3,295 shares of the company’s stock valued at $270,000 after acquiring an additional 523 shares in the last quarter. Clarkston Capital Partners LLC raised its holdings in shares of Post by 0.3% during the third quarter. Clarkston Capital Partners LLC now owns 2,685,471 shares of the company’s stock worth $219,967,000 after purchasing an additional 7,475 shares during the period. Captrust Financial Advisors raised its holdings in shares of Post by 260.9% during the third quarter. Captrust Financial Advisors now owns 4,291 shares of the company’s stock worth $351,000 after purchasing an additional 3,102 shares during the period. Neuberger Berman Group LLC raised its holdings in shares of Post by 12.7% during the third quarter. Neuberger Berman Group LLC now owns 11,914 shares of the company’s stock worth $976,000 after purchasing an additional 1,345 shares during the period. Finally, Pathstone Family Office LLC acquired a new stake in shares of Post during the third quarter worth $336,000. 90.33% of the stock is owned by institutional investors and hedge funds.

About Post

(Get Rating)

Post Holdings, Inc operates as a consumer packaged goods holding company in the United States and internationally. It operates through five segments: Post Consumer Brands, Weetabix, Foodservice, Refrigerated Retail, and BellRing Brands. The Post Consumer Brands segment manufactures, markets, and sells branded and private label ready-to-eat (RTE) cereal and hot cereal products.

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