PZ Cussons plc (PZC) Rating Reiterated by Numis Securities Ltd
PZ Cussons plc (LON:PZC)‘s stock had its “hold” rating reaffirmed by research analysts at Numis Securities Ltd in a research report issued on Tuesday. They presently have a GBX 324 ($4.32) price objective on the stock. Numis Securities Ltd’s price objective would indicate a potential downside of 4.59% from the stock’s previous close.
Other analysts have also issued reports about the company. Canaccord Genuity reaffirmed a “buy” rating and set a GBX 310 ($4.13) target price on shares of PZ Cussons plc in a report on Thursday, April 14th. Shore Capital reaffirmed a “hold” rating on shares of PZ Cussons plc in a report on Thursday, June 9th. HSBC raised their target price on PZ Cussons plc from GBX 270 ($3.60) to GBX 300 ($4.00) and gave the stock a “hold” rating in a report on Tuesday, April 19th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 330 ($4.40) target price on shares of PZ Cussons plc in a report on Wednesday, July 27th. Six equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company has an average rating of “Hold” and an average target price of GBX 319.71 ($4.26).
PZ Cussons plc (LON:PZC) opened at 339.60 on Tuesday. The stock’s market cap is GBX 1.42 billion. PZ Cussons plc has a 52-week low of GBX 240.70 and a 52-week high of GBX 357.30. The stock has a 50 day moving average price of GBX 339.64 and a 200 day moving average price of GBX 320.93.
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The firm also recently disclosed a dividend, which will be paid on Thursday, October 6th. Shareholders of record on Thursday, August 11th will be issued a GBX 5.50 ($0.07) dividend. This is a positive change from PZ Cussons plc’s previous dividend of $2.61. This represents a yield of 1.7%. The ex-dividend date is Thursday, August 11th.
In other PZ Cussons plc news, insider Harvey,Richard J acquired 3,813 shares of the company’s stock in a transaction on Thursday, June 30th. The shares were bought at an average cost of GBX 324 ($4.32) per share, with a total value of £12,354.12 ($16,454.61). Also, insider Silver,Caroline acquired 10,000 shares of the company’s stock in a transaction on Thursday, September 1st. The stock was acquired at an average cost of GBX 333 ($4.44) per share, for a total transaction of £33,300 ($44,352.69).
PZ Cussons plc Company Profile
PZ Cussons Plc is a United Kingdom-based consumer products company. The Company’s personal care products include bar soap, liquid hand wash, shower gel, skincare and hair care. The Company’s home care consists of fabric care, which includes products, such as laundry soap and branded bulk and packaged washing powder, and dish care, which includes its Morning Fresh brand.
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