Church & Dwight (CHD) PT Lifted to $116 at Jefferies
Get Alerts CHD Hot Sheet
Rating Summary:
12 Buy, 12 Hold, 4 Sell
Rating Trend: Up
Today's Overall Ratings:
Up: 15 | Down: 10 | New: 13
Join SI Premium – FREE
Jefferies analyst Kevin Grundy reiterated a Buy rating and raised his price target on Church & Dwight Co. Inc. (NYSE: CHD) to $116.00 (from $112.00) following results.
Grundy commented, "CHD remains a core holding following strong 2Q results including +3.7% org sales (+4.9% ex-SPD) and $0.06 of EPS upside. The old playbook of innovation-driven topline growth, strong GM % improvement, appropriate brand support, and top quartile FCF conversion continues to drive shareholder value. CHD remains undervalued at 22.5x EV/ULFCF (~5% discount to peers). Buy, lifting PT to $116."
For an analyst ratings summary and ratings history on Church & Dwight Co. Inc. click here. For more ratings news on Church & Dwight Co. Inc. click here.
Shares of Church & Dwight Co. Inc. closed at $101.18 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Faraday Technology Corp (3035:TT) PT Lowered to NT$378 at Jefferies
- Roth/MKM Upgrades Albertsons Companies Inc. (ACI) to Buy, 'Fundamental Floor and Improved Deal Likelihood'
- FirstEnergy Corp. (FE) PT Raised to $35 at BofA Securities
Create E-mail Alert Related Categories
Analyst Comments, Analyst EPS Change, Analyst EPS View, Analyst PT ChangeRelated Entities
Jefferies & CoSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!