Deutsche Bank Raises Price Target on Church & Dwight (CHD); Q2 Preview: Value Play, Fully Valued

July 11, 2012 7:37 AM EDT Send to a Friend
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Price: $62.00 -1.26%

Rating Summary:
    4 Buy, 3 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 28 | New: 14
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Deutsche Bank maintains a 'Hold' on Church & Dwight Co. Inc. (NYSE: CHD) price target of $55.00 (from $50.00).

Deutsche analyst said, "Church & Dwight has yet to release its 2Q12 earnings date. Our EPS of $0.56 is $0.01 above Street...Organic sales should increase 6% (year-ago comp of 3.3%) and total sales should increase 5.3% with M&A contributing 1 pt and f/x hit of 1.7 points...Underlying business trends are relatively decent in household segment and new product introductions are getting reasonable traction at many large retailers."

However data on condoms, pregnancy kits and deodorant was flat.

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 $57.29 yesterday, with a 52 week range of $36.78-$57.37.


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