The recent performance of Hasbro Inc. ($HAS) has caught the attention of various investment entities. Notably, Legal & General Group Plc, Northwest & Ethical Investments L.P., and Cetera Investment Advisers have increased their holdings in Hasbro stocks. Meanwhile, Franklin Resources Inc. and Advisors Asset Management Inc. have purchased significant shares in the company. Even political figures such as Rep. Lisa C. McClain have invested in Hasbro.
Hasbro's performance has gained a positive sentiment, hitting a 52-week high of $82.20 multiple times. Market analysts predict a moderate buy recommendation, citing Hasbro's potential to outperform its sector peers and the broader market.
Despite some fluctuations—an inherent nature of stock markets—the positive earnings report, and significant growth in its popular franchise Magic: THE GATHERING show promise in Hasbro's outlook.
However, there is a note of caution regarding price increases of Hasbro's toys, potentially due to issues related to Chinese materials. The overall view remains optimistic, leveraging the company's high valuation and strong financial performance.
Hasbro Stocks HAS News Analytics from Wed, 02 Apr 2025 07:00:00 GMT to Sat, 29 Nov 2025 12:43:21 GMT - Rating 8 - Innovation 6 - Information 7 - Rumor 3