Bernstein analyst Alexia Burland Howard maintains $Hershey (HSY.US)$ with a hold rating, and adjusts the target price from $205 to $177.
According to TipRanks data, the analyst has a success rate of 49.5% and a total average return of 0.8% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Hershey (HSY.US)$'s main analysts recently are as follows:
Estimates for Hershey and Mondelez have been reduced primarily due to escalating cocoa inflation. The significant upward trend in cocoa futures over recent months could disproportionately impact earnings in the latter half of 2025 more than in the earlier part, given that cocoa hedges often extend nine months or more.
2025 is anticipated to be a challenging year for the food and beverage industry due to limited chances of significant regulatory changes, gradual adoption and high dropout rates of GLP-1 usage, and a normalizing trend of value-seeking shopping habits as consumers adjust to increased prices while benefiting from wage inflation. Many brands in the sector may need to reconsider their pricing and margin strategies to enhance their value perception among consumers.
Historic levels of underperformance have established a baseline for the U.S. Food group. Looking ahead to 2025, the focus will shift towards indicators of stabilized volumes and enhanced earnings delivery.
Note:
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