Prestige Brand Holdings (PBH) Gets a Hold Rating from Jefferies


Jefferies analyst Stephanie Wissink reiterated a Hold rating on Prestige Brand Holdings (NYSE: PBH) yesterday and set a price target of $38. The company’s shares closed yesterday at $34.44.

According to TipRanks.com, Wissink is a 2-star analyst with an average return of 1.1% and a 49.7% success rate. Wissink covers the Services sector, focusing on stocks such as National Vision Holdings Inc, Build-A-Bear, and Ulta Salon.

Currently, the analyst consensus on Prestige Brand Holdings is a Moderate Buy with an average price target of $37.33.

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Based on Prestige Brand Holdings’ latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $34.47 million. In comparison, last year the company had a net profit of $33.76 million.

Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is neutral on the stock.

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Prestige Brands Holdings, Inc. engages in the marketing, sale, and distribution of pharmaceutical drugs and consumer products. It operates through the following segments: North American Over-the-Counter (OTC) Healthcare, International OTC Healthcare, and Household Cleaning.

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