Numis Securities Cuts PZ Cussons (PZC) Price Target to GBX 325
PZ Cussons (LON:PZC) had its target price dropped by stock analysts at Numis Securities from GBX 340 ($4.58) to GBX 325 ($4.37) in a research report issued to clients and investors on Thursday. The brokerage currently has a “hold” rating on the stock. Numis Securities’ price target would suggest a potential upside of 5.37% from the company’s current price.
A number of other research firms have also commented on PZC. J P Morgan Chase & Co reissued a “neutral” rating and issued a GBX 350 ($4.71) price target on shares of PZ Cussons in a research report on Thursday, September 28th. Shore Capital reissued a “hold” rating on shares of PZ Cussons in a research report on Wednesday, September 27th. Finally, Investec increased their price target on PZ Cussons from GBX 394 ($5.30) to GBX 414 ($5.57) and gave the company a “buy” rating in a research report on Monday, September 18th. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. PZ Cussons presently has a consensus rating of “Hold” and a consensus price target of GBX 362.25 ($4.88).
Shares of PZ Cussons (LON:PZC) traded down GBX 2.05 ($0.03) during trading hours on Thursday, hitting GBX 308.45 ($4.15). The stock had a trading volume of 661,402 shares, compared to its average volume of 391,282. PZ Cussons has a one year low of GBX 294.20 ($3.96) and a one year high of GBX 367.80 ($4.95).
PZ Cussons Plc is a United Kingdom-based consumer products company. The principal activities of the Company are manufacturing and distribution of soaps, detergents, toiletries, beauty products, pharmaceuticals, electrical goods, edible oils, fats and spreads, and nutritional products. The Company’s segments include Africa, Asia and Europe.
Receive News & Ratings for PZ Cussons Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PZ Cussons and related companies with MarketBeat.com's FREE daily email newsletter.