Why Hasbro Stock Gained 12% in August
Shares of Hasbro (NASDAQ: HAS) were moving higher last month as the company posted mixed results in its second-quarter earnings report, agreed to sell the eOne production studio, and got some bullish analyst notes at the end of the month.
According to data from S&P Global Market Intelligence, the stock finished the month up 12%.
As you can see from the chart below, the stock actually traded flat for most of the month before gaining toward the end of August on the two positive analyst notes.
Source Fool.com
Hasbro Inc. Stock
€81.46
0.370%
The stock is an absolute favorite of our community with 40 Buy predictions and no Sell predictions.
As a result the target price of 94 € shows a slightly positive potential of 15.39% compared to the current price of 81.46 € for Hasbro Inc..
