Stifel Nicolaus Reiterates Buy on Hillman Solutions with $12 Price Target

Stifel Nicolaus reiterated a Buy rating on Hillman Solutions with a $12.00 price target. Analyst Andrew Carter has a 4-star rating and a 10.4% average return. The company has a Moderate Buy analyst consensus rating with a $12.36 average price target, a 23.97% upside from current levels. Corporate insider sentiment is negative with 40 insiders selling shares over the past quarter.

Stifel Nicolaus has reiterated its Buy rating on Hillman Solutions (NASDAQ:HLMN), with a price target of $12.00. Analyst Andrew Carter, who has a 4-star rating and a 10.4% average return, maintains a positive outlook on the stock. The company's consensus analyst rating remains "Moderate Buy," with an average price target of $12.36, indicating a 23.97% upside from current levels [1].

The latest analyst ratings and price targets for Hillman Solutions reflect a balanced sentiment among Wall Street analysts. Out of the 8 analysts who have issued ratings in the past 12 months, 4 have given a hold rating, and 4 have given a buy rating. The average price target of $10.75 represents a 37.47% forecasted upside from the current price of $7.82 [1].

However, corporate insider sentiment is negative, with 40 insiders selling shares over the past quarter. This could indicate a lack of confidence among insiders, potentially impacting the stock's performance. Nevertheless, the analysts' positive outlook and the company's recent earnings suggest potential growth opportunities [1].

Investors should closely monitor Hillman Solutions' earnings reports and analyst updates to stay informed about any changes in the company's financial outlook.

References:
[1] https://www.marketbeat.com/stocks/NASDAQ/HLMN/forecast/