Hasbro: confident in growth trajectory - Jefferies a buyer

(CercleFinance.com) - On Tuesday an analyst at Jefferies confirms his “buy” rating on the toys and games group Hasbro share.
After meeting with its management team, the broker's key takeaway is that of increased confidence in the group's growth trajectory.

Hasbro has reached a turning point and the 19-20's configuration is more representative of a model that has been in the making for the past 10 years. Management has also clarified its reflections on key debates such as tariffs, mergers and acquisitions, the contribution of MTG-Arena and licenses, Jefferies notes.

The analyst therefore confirms his target price of 120 dollars for the share (representing about 13% upside potential).


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