Share on StockTwits
 

Goldman Sachs decreased their price objective on shares of PZ Cussons plc (LON:PZC) from GBX 460 ($7.55) to GBX 450 ($7.38) in a research note issued on Thursday, Analyst Ratings Network.com reports. The firm currently has a “buy” rating on the stock. Goldman Sachs’ price target would suggest a potential upside of 20.16% from the stock’s previous close.

Shares of PZ Cussons plc (LON:PZC) traded up 0.08% on Thursday, hitting GBX 374.50. The stock had a trading volume of 1,371,231 shares. PZ Cussons plc has a 52-week low of GBX 335.00 and a 52-week high of GBX 439.50. The stock has a 50-day moving average of GBX 376.7 and a 200-day moving average of GBX 392.0. The company’s market cap is £1.592 billion.

The company also recently declared a dividend, which is scheduled for Monday, April 7th. Shareholders of record on Wednesday, February 19th will be given a dividend of GBX 2.53 ($0.04) per share. This represents a yield of 0.65%. The ex-dividend date of this dividend is Wednesday, February 19th.

A number of other analysts have also recently weighed in on PZC. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of PZ Cussons plc in a research note on Wednesday, February 5th. They now have a GBX 440 ($7.22) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of PZ Cussons plc in a research note on Wednesday, January 22nd. They now have a GBX 390 ($6.40) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of PZ Cussons plc in a research note on Tuesday, January 21st. They now have a GBX 388 ($6.37) price target on the stock. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of GBX 416.33 ($6.83).

PZ Cussons Plc is a holding company. The Company is engaged in manufacture and distribution of soaps, detergents, toiletries, beauty products, pharmaceuticals, electrical goods, edible oils, fats and spreads and nutritional products.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.