Wells Fargo Reduces PT on Post Holdings (POST) Stock

Post Holdings, Inc. (NYSE:POST) is one of the Best Mid Cap FMCG Stocks to Buy Now. Wells Fargo reduced the price target on the company’s stock to $117 from $120, while keeping an “Equal Weight” rating, as reported by The Fly. The firm has been aggregating models throughout Beverage/Food/HPC and is updating price targets. The firm noted that this is approximately in line with the current NTM trading EV/EBITDA. However, it is just below the 3/5 year historical averages of 9.9x/10.2x as a result of category headwinds and leverage exposure.

A variety of grocery items in their respective aisles of a superstore representing the company brand.

Post Holdings, Inc. (NYSE:POST) announced that it has completed the acquisition of 8th Avenue Food & Provisions, Inc. With this acquisition, Post Holdings, Inc. (NYSE:POST) enhanced its strategy of tactical private label positioning alongside leading brands. This acquisition internalizes the manufacturing of Post Holdings, Inc. (NYSE:POST)’s Peter Pan® peanut butter, representing the company’s entry into the dry pasta category with leading brand Ronzoni®, and allows increased participation in the growing granola sub-category of ready-to-eat cereal.

With respect to Foodservice, for Q2 2025, net sales came in at $607.9 million, reflecting a rise of 9.6%, or $53.1 million, as compared to the prior-year period. Volumes went up by 2.8%, thanks to the inclusion of ready-to-drink shakes in the current-year period, partially offset by declines in egg and potato volumes.

Post Holdings, Inc. (NYSE:POST) operates as a consumer-packaged goods holding company.

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Disclosure: None. This article is originally published at Insider Monkey.