S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
Obama’s 2024 Confession (Ad)
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
Super Bowl Live Updates | 49ers are Super Bowl favorites in 2025
Biden Out, _______ In? (Ad)
FMC stock just set a new ceiling higher, 50% higher indeed
Airbnb stock bulls just went all in before earnings
Biden Out, _______ In? (Ad)
Recession risks are fading, business economists say, but political tensions pose threat to economy
Stock market today: World shares mostly higher after S&P 500 tops 5,000
S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
Obama’s 2024 Confession (Ad)
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
Super Bowl Live Updates | 49ers are Super Bowl favorites in 2025
Biden Out, _______ In? (Ad)
FMC stock just set a new ceiling higher, 50% higher indeed
Airbnb stock bulls just went all in before earnings
Biden Out, _______ In? (Ad)
Recession risks are fading, business economists say, but political tensions pose threat to economy
Stock market today: World shares mostly higher after S&P 500 tops 5,000
S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
Obama’s 2024 Confession (Ad)
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
Super Bowl Live Updates | 49ers are Super Bowl favorites in 2025
Biden Out, _______ In? (Ad)
FMC stock just set a new ceiling higher, 50% higher indeed
Airbnb stock bulls just went all in before earnings
Biden Out, _______ In? (Ad)
Recession risks are fading, business economists say, but political tensions pose threat to economy
Stock market today: World shares mostly higher after S&P 500 tops 5,000
S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
Obama’s 2024 Confession (Ad)
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
Super Bowl Live Updates | 49ers are Super Bowl favorites in 2025
Biden Out, _______ In? (Ad)
FMC stock just set a new ceiling higher, 50% higher indeed
Airbnb stock bulls just went all in before earnings
Biden Out, _______ In? (Ad)
Recession risks are fading, business economists say, but political tensions pose threat to economy
Stock market today: World shares mostly higher after S&P 500 tops 5,000

Hershey (HSY) Stock Forecast & Price Target

$195.45
-6.86 (-3.39%)
(As of 02/9/2024 08:56 PM ET)
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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

$227.86
16.58% Upside
High Forecast$310.00
Average Forecast$227.86
Low Forecast$180.00
TypeCurrent Forecast
2/12/23 to 2/12/24		1 Month Ago
1/13/23 to 1/13/24		3 Months Ago
11/14/22 to 11/14/23		1 Year Ago
2/12/22 to 2/12/23
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)
6 Buy rating(s)
8 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$227.86$239.81$248.71$245.23
Predicted Upside16.58% Upside8.76% Upside10.06% 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
2.29
2.44
2.48
Consensus RatingHoldHoldHold
Predicted Upside16.65% Upside1,017.01% Upside8.84% Upside
News Sentiment RatingNeutral News
Positive News
Positive News

Recent Analyst Ratings and Stock Forecasts

Export to Excel
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
2/9/2024JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetNeutral ➝ Neutral$185.00 ➝ $193.00-1.66%
2/9/2024Wells Fargo & Company
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetEqual Weight ➝ Equal Weight$190.00 ➝ $210.00+3.80%
2/7/2024Royal Bank of Canada
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Reiterated RatingSector Perform ➝ Sector Perform$213.00+8.95%
2/1/2024Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Initiated CoverageNeutral$213.00+10.05%
1/29/2024Sanford C. Bernstein
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 UpgradeMarket Perform ➝ Outperform$235.00+23.55%
1/25/2024Stifel Nicolaus
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetHold ➝ Hold$195.00 ➝ $205.00+8.65%
1/16/2024Barclays
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetEqual Weight ➝ Equal Weight$212.00 ➝ $200.00+3.44%
12/15/2023Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 DowngradeBuy ➝ Neutral$250.00 ➝ $200.00+7.38%
12/8/2023DA Davidson
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Initiated CoverageNeutral$205.00+8.43%
11/29/2023Piper Sandler
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 DowngradeOverweight ➝ Neutral$240.00 ➝ $200.00+5.83%
10/31/2023Mizuho
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetNeutral ➝ Neutral$195.00 ➝ $180.00-3.22%
10/27/2023Morgan Stanley
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetEqual Weight ➝ Equal Weight$245.00 ➝ $186.00-1.60%
10/27/2023TD Cowen
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 DowngradeOutperform ➝ Market Perform$235.00 ➝ $200.00+5.80%
10/13/2023Stephens
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Initiated CoverageOverweight$240.00+27.90%
9/22/2023HSBC
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Initiated CoverageBuy$248.00+19.17%
8/11/2023Argus
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetBuy ➝ Buy$315.00 ➝ $270.00+20.23%
7/19/2023BNP Paribas
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 UpgradeNeutral ➝ Outperform$268.00+11.74%
7/17/2023Deutsche Bank Aktiengesellschaft
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower Target$264.00 ➝ $262.00+9.40%
5/2/2023VNET Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Reiterated RatingMaintains
4/28/2023Evercore ISI
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetInline$255.00 ➝ $265.00-2.03%
4/28/2023UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetBuy$269.00 ➝ $310.00+14.61%
4/28/2023Jefferies Financial Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 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 Monday at 06:22 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 $227.86 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 2.44. 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 4 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 8.44% based on their 12-month stock forecasts.

What analysts cover Hershey?

Hershey has been rated by Bank of America, Barclays, Citigroup, DA Davidson, JPMorgan Chase & Co., Morgan Stanley, Piper Sandler, Royal Bank of Canada, Sanford C. Bernstein, Stifel Nicolaus, and Wells Fargo & Company in the past 90 days.


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This page (NYSE:HSY) was last updated on 2/12/2024 by MarketBeat.com Staff

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