PZ Cussons Receives “Hold” Rating from Investec (PZC)
PZ Cussons (LON:PZC)‘s stock had its “hold” rating restated by Investec in a research note issued on Tuesday, Stock Ratings Network reports. They currently have a GBX 400 ($6.57) target price on the stock. Investec’s price target would suggest a potential upside of 3.23% from the stock’s previous close.
PZC has been the subject of a number of other recent research reports. Analysts at Panmure Gordon reiterated a “buy” rating on shares of PZ Cussons in a research note to investors on Friday. They now have a GBX 445 ($7.30) price target on the stock. Separately, analysts at Canaccord Genuity reiterated a “buy” rating on shares of PZ Cussons in a research note to investors on Tuesday, January 7th. They now have a GBX 440 ($7.22) price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of PZ Cussons in a research note to investors on Wednesday, December 11th. They now have a GBX 390 ($6.40) price target on the stock. Five equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. PZ Cussons presently has an average rating of “Hold” and a consensus target price of GBX 420.50 ($6.90).
Shares of PZ Cussons (LON:PZC) traded down 2.20% on Tuesday, hitting GBX 387.50. The stock had a trading volume of 630,641 shares. PZ Cussons has a one year low of GBX 335.00 and a one year high of GBX 439.50. The stock has a 50-day moving average of GBX 378.0 and a 200-day moving average of GBX 394.9. The company’s market cap is £1.646 billion.
The company also recently announced a dividend, which is scheduled for Monday, April 7th. Investors of record on Wednesday, February 19th will be paid a dividend of GBX 2.53 ($0.04) per share. This represents a dividend yield of 0.65%. The ex-dividend date is Wednesday, February 19th.
PZ Cussons Plc is a holding company. The Company is engaged in the manufacture and distribution of soaps, detergents, toiletries, beauty products, pharmaceuticals, electrical goods, edible oils, fats and spreads and nutritional products.
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