Wells Fargo analyst Bonnie Herzog maintained a Hold rating on Church & Dwight (CHD) yesterday and set a price target of $62. The company’s shares closed yesterday at $60.46.
Herzog said:
“We are lowering our FY19/FY20 EPS estimates by $0.03/$0.07 to $2.47/$2.63 and our price target by $2 to $62.”
According to TipRanks.com, Herzog is a 4-star analyst with an average return of 6.1% and a 65.2% success rate. Herzog covers the Consumer Goods sector, focusing on stocks such as Coca-Cola European Partners plc, The Estée Lauder Companies Inc, and Constellation Brands Inc.
The word on The Street in general, suggests a Hold analyst consensus rating for Church & Dwight with a $65.80 average price target, implying an 8.8% upside from current levels. In a report released yesterday, Goldman Sachs also upgraded the stock to Hold with a $61 price target.
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Church & Dwight’s market cap is currently $14.87B and has a P/E ratio of 18.32. The company has a Price to Book ratio of 6.32.
Based on the recent corporate insider activity of 53 insiders, corporate insider sentiment is negative on the stock. Last month, Maynadier Patrick De, the EVP, GC & Sec of CHD sold 139,320 shares for a total of $9,294,037.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Church & Dwight Co., Inc. engages in the development, manufacture, and market of household, personal care, and specialty products. It operates through the following segments: Consumer Domestic, Consumer International, and Specialty Products.
