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S&P 500   5,069.76
DOW   38,949.02
QQQ   435.27
Palantir Stock Has It all… Except the Analysts' Support
Critical asset just had biggest fall on record (Ad)
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FedEx ends naming rights agreement for the Washington Commanders stadium long known as FedEx Field
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Critical asset just had biggest fall on record (Ad)
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S&P 500   5,069.76
DOW   38,949.02
QQQ   435.27
Palantir Stock Has It all… Except the Analysts' Support
Critical asset just had biggest fall on record (Ad)
3 wealth-compounding stocks to beat the market this decade
FedEx ends naming rights agreement for the Washington Commanders stadium long known as FedEx Field
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
2 Navigation Stocks That Continue to Defy Gravity
Workday Stock Price is Working on a Buy-the-Dip Opportunity
Critical asset just had biggest fall on record (Ad)
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Applied Optoelectronics earnings dumper, pain now for gain later?

Hershey (HSY) Stock Forecast & Price Target

$186.21
-0.96 (-0.51%)
(As of 02/28/2024 ET)

Hershey Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Hold
Based on 21 Analyst Ratings

Analysts' Consensus Price Target

$228.33
22.62% Upside
High Forecast$310.00
Average Forecast$228.33
Low Forecast$180.00
TypeCurrent Forecast
3/1/23 to 2/29/24
1 Month Ago
1/30/23 to 1/30/24
3 Months Ago
12/1/22 to 12/1/23
1 Year Ago
3/1/22 to 3/1/23
Consensus Rating
Hold
Hold
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
6 Buy rating(s)
7 Buy rating(s)
7 Buy rating(s)
3 Buy rating(s)
Hold
14 Hold rating(s)
13 Hold rating(s)
11 Hold rating(s)
8 Hold rating(s)
Sell
1 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$228.33$236.27$244.05$245.23
Predicted Upside22.62% Upside9.77% Upside9.75% Upside7.37% Upside
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HSY Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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HSY Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Hershey Stock vs. The Competition

TypeHersheyConsumer Staples CompaniesS&P 500
Consensus Rating Score
2.24
2.45
2.48
Consensus RatingHoldHoldHold
Predicted Upside22.62% Upside1,191.10% Upside7.85% Upside
News Sentiment RatingPositive News
Positive News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
2/12/2024Barclays
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 Boost TargetEqual Weight ➝ Equal Weight$200.00 ➝ $210.00+8.22%
2/12/2024Morgan Stanley
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 DowngradeEqual Weight ➝ Underweight$191.00 ➝ $183.00-6.37%
2/9/2024JPMorgan Chase & Co.
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 Boost TargetNeutral ➝ Neutral$185.00 ➝ $193.00-1.66%
2/9/2024Wells Fargo & Company
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 Boost TargetEqual Weight ➝ Equal Weight$190.00 ➝ $210.00+3.80%
2/7/2024Royal Bank of Canada
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 Reiterated RatingSector Perform ➝ Sector Perform$213.00+8.95%
2/1/2024Citigroup
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 Initiated CoverageNeutral$213.00+10.05%
1/29/2024Sanford C. Bernstein
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 UpgradeMarket Perform ➝ Outperform$235.00+23.55%
1/25/2024Stifel Nicolaus
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 Boost TargetHold ➝ Hold$195.00 ➝ $205.00+8.65%
12/15/2023Bank of America
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 DowngradeBuy ➝ Neutral$250.00 ➝ $200.00+7.38%
12/8/2023DA Davidson
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 Initiated CoverageNeutral$205.00+8.43%
11/29/2023Piper Sandler
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 DowngradeOverweight ➝ Neutral$240.00 ➝ $200.00+5.83%
10/31/2023Mizuho
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 Lower TargetNeutral ➝ Neutral$195.00 ➝ $180.00-3.22%
10/27/2023TD Cowen
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 DowngradeOutperform ➝ Market Perform$235.00 ➝ $200.00+5.80%
10/13/2023Stephens
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 Initiated CoverageOverweight$240.00+27.90%
9/22/2023HSBC
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 Initiated CoverageBuy$248.00+19.17%
8/11/2023Argus
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 Lower TargetBuy ➝ Buy$315.00 ➝ $270.00+20.23%
7/19/2023BNP Paribas
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 UpgradeNeutral ➝ Outperform$268.00+11.74%
7/17/2023Deutsche Bank Aktiengesellschaft
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 Lower Target$264.00 ➝ $262.00+9.40%
5/2/2023VNET Group
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 Reiterated RatingMaintains
4/28/2023Evercore ISI
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 Boost TargetInline$255.00 ➝ $265.00-2.03%
4/28/2023UBS Group
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 Boost TargetBuy$269.00 ➝ $310.00+14.61%
4/28/2023Jefferies Financial Group
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 Boost TargetHold$260.00 ➝ $285.00+4.27%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 03:53 AM ET.












HSY Price Target - Frequently Asked Questions

What is Hershey's consensus rating and price target?

According to the issued ratings of 21 analysts in the last year, the consensus rating for Hershey stock is Hold based on the current 1 sell rating, 14 hold ratings and 6 buy ratings for HSY. The average twelve-month price prediction for Hershey is $228.33 with a high price target of $310.00 and a low price target of $180.00. Learn more on HSY's analyst rating history.

Do Wall Street analysts like Hershey more than its competitors?

Analysts like Hershey less than other Consumer Staples companies. The consensus rating score for Hershey is 2.24 while the average consensus rating score for consumer staples companies is 2.45. Learn more on how HSY compares to other companies.

Is Hershey being upgraded or downgraded by Wall Street analysts?

Over the previous 90 days, Hershey's stock had 2 downgrades and 1 upgrade by analysts.

Does Hershey's stock price have much upside?

According to analysts, Hershey's stock has a predicted upside of 8.65% based on their 12-month stock forecasts.


Stock Ratings Reports and Tools

This page (NYSE:HSY) was last updated on 2/29/2024 by MarketBeat.com Staff