Shore Capital Reiterates “Hold” Rating for PZ Cussons plc (PZC)
PZC has been the subject of a number of other recent research reports. Analysts at Investec raised their price target on shares of PZ Cussons plc from GBX 380 ($6.39) to GBX 386 ($6.50) in a research note on Tuesday. They now have a “hold” rating on the stock. Separately, analysts at Numis Securities Ltd raised their price target on shares of PZ Cussons plc from GBX 352 ($5.92) to GBX 386 ($6.50) in a research note on Monday. They now have a “hold” rating on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of PZ Cussons plc in a research note on Tuesday, July 29th. They now have a GBX 350 ($5.89) price target on the stock. Four analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of GBX 398.67 ($6.71).
Shares of PZ Cussons plc (LON:PZC) traded down 1.04% during mid-day trading on Thursday, hitting GBX 361.20. 128,893 shares of the company’s stock traded hands. PZ Cussons plc has a 52-week low of GBX 320.00 and a 52-week high of GBX 439.50. The stock’s 50-day moving average is GBX 353.0 and its 200-day moving average is GBX 356.2. The company’s market cap is £1.533 billion.
The company also recently announced a dividend, which is scheduled for Wednesday, October 1st. Investors of record on Wednesday, August 13th will be paid a dividend of GBX 5.23 ($0.09) per share. This represents a dividend yield of 1.45%. The ex-dividend date is Wednesday, August 13th.
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.
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