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Analyst Report: Hershey Company

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The Hershey Company (HSY) Stock Forecasts

AllAnalyst Report

Argus•February 13, 2024

Symbols

HSY

Sector(s)

Consumer Defensive

Rating

Current Price

$194.84

Price Target

Earnings Estimate

Summary

Hershey Co. produces and markets chocolate and other confections, as well as chocolate-related grocery products. Its major brands include Hershey’s, Jolly Rancher, Kit Kat, Heath, Twizzlers, Reese’s, Ice Breakers and SkinnyPop. Hershey has expanded into new categories and markets in recent years with the acquisitions of Brookside, Ripple Brand Collective, and Amplify Snack Brands. The company’s largest shareholder is the Hershey Trust Company, which owns approximately 22% of the shares outstanding. The company has approximately 18,000 employees. HSY shares are a component of the S&P 500.

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