The Hershey Company (HSY), a renowned candy producer, continues to show significant market trends per collected news. The company is highly favored by
institutional investors, with approximately 86% of its shares dominated by these companies. Significant investments have also been noted from different financial entities, including Gulf International Bank UK Ltd, Nomura Holdings Inc, and American International Group Inc. Hershey has been successful in its quarterly earnings, reflecting a promising
financial performance. The company also announced its 2023
ESG report and has formulated science-based targets to combat greenhouse gas emissions, reflective of its innovative approach towards sustainability. The company led the 2024 Top 50 companies listing of Fair360 and received commendations on its ROE. Firms like Integrated Advisors Network LLC and Quarry LP have increased their stock positions, further solidifying investors' trust. There have been certain fluctuations in Hershey's shares with some sell-offs, however, analysts predict an intrinsic value higher than the current share price. Despite a cut in the price target by Wells Fargo, other analysts suggest there's still room for the company's growth.
The Hershey Company HSY News Analytics from Tue, 22 Aug 2023 07:00:00 GMT to Sun, 23 Jun 2024 21:50:36 GMT -
Rating 8
- Innovation 5
- Information 8
- Rumor 4