Jefferies analyst Kevin Grundy assigned a Buy rating to Church & Dwight (CHD) today and set a price target of $75. The company’s shares closed yesterday at $65.37.
According to TipRanks.com, Grundy is a 4-star analyst with an average return of 5.8% and a 60.6% success rate. Grundy covers the Consumer Goods sector, focusing on stocks such as Coca-Cola European Partners plc, Interlink Electronics, Inc., and Constellation Brands Inc.
Currently, the analyst consensus on Church & Dwight is a Moderate Buy with an average price target of $67.50, a 3.3% upside from current levels. In a report issued on January 31, Oppenheimer also maintained a Buy rating on the stock with a $73 price target.
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Based on Church & Dwight’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $146 million. In comparison, last year the company had a net profit of $406 million.
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.
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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.
