Jefferies analyst Kevin Grundy maintained a Hold rating on Edgewell Personal Care (NYSE: EPC) today and set a price target of $48. The company’s shares closed yesterday at $55.23.
Grundy noted:
“EPC printed a mixed 3Q EPS beat with lower A&P spend driving majority of the EPS upside vs..”
According to TipRanks.com, Grundy is a 4-star analyst with an average return of 6.6% and a 67.2% success rate. Grundy covers the Consumer Goods sector, focusing on stocks such as Coca-Cola European Partners, Monster Beverage Corp, and Keurig Dr Pepper Inc.
Edgewell Personal Care has an analyst consensus of Hold, with a price target consensus of $52.75.
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Based on Edgewell Personal Care’s latest earnings release for the quarter ending March 31, the company reported a quarterly net profit of $65.1 million. In comparison, last year the company had a net profit of $54.9 million.
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Edgewell Personal Care Co. engages in the manufacture and marketing of personal care products. It operates through the following segments: Wet Shave, Sun and Skin Care, Feminine Care, and All Other. The Wet Shave segment includes razor handle and refillable blades, disposable shave products, and shave gels and creams.
