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Post Gets Bullish Buy rating

Long
NYSE:POST   Post Holdings, Inc.
Entry level $110 = Target price $114 = Stop loss $124

Jefferies analyst Rob Dickerson initiated coverage of Post Holdings with a Buy rating and $130 price target. The analyst cites the company's valuation discount relative to its peers as well as its relatively higher free cash flow yield. Dickerson further notes Post Holdings' potential for value-creating acquisitions given that its leverage is at the lowest point in the past 5 years. Source thefly

Average Recommendation: oVERWEIGHT Average Target Price:$120.50
7 BUY
0 OVERWEIGHT
3 HOLD
0 SELL

Company profile
Post Holdings, Inc. is a consumer packaged goods holding company, which engages in operating of centre-of-the-store, refrigerated, foodservice, food ingredient, active nutrition, and private brand food categories. It operates through the following segments: Post Consumer Brands, Weetabix, Refrigerated Food, Active Nutrition, and Foodservice. The Post Consumer Brands segment manufactures, markets, and sells branded and private label RTE cereal and hot cereal products. The Weetabix segment focuses in the marketing and distribution of branded and private label RTE cereal products. The Refrigerated Food segment produces and/or distributes egg products, sausage, side dishes, cheese, and other refrigerated products to retail and foodservice customers. The Active Nutrition segment markets and distributes ready-to-drink beverages, bars, powders, and other nutritional supplements. The Foodservice segment includes egg and potato products. The company was founded by Charles William Post in 1895 and is headquartered in St. Louis, MO.

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