PZ Cussons PLC (LON:PZC) Rating Reaffirmed
Investec now has a GBX 327.00 Estimated Target Price on the 1.32B GBP market cap company or 7.83% upside potential. In analysts note distributed to Clients on Thursday morning, PZ Cussons PLC (LON:PZC) shares have had their Buy Rating reaffirmed by professional analysts at Investec.
From a total of 8 analysts covering PZ Cussons PLC (LON:PZC) stock, 4 rate it a ”Buy”, 0 a “Sell”, and 4 a ”Hold”. This means that 50% of the ratings are positive. The highest target price is GBX 390 while the lowest target price is GBX 290. The mean of all analyst targets is GBX 349.25 with a 15.84% above today’s (GBX 300.66) stock price. PZ Cussons PLC was the topic of 15 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Goldman Sachs maintained shares on November 26 with “Buy” rating. Investec maintained shares with “Buy” rating and GBX 350 target share price in a report from a September 22. HSBC maintained PZC stock in a recent report from September 23 with “Hold” rating. Panmure Gordon maintained the rating on September 11. Panmure Gordon has a “Hold” rating and a GBX 290 price target on shares. Finally, JP Morgan maintained the stock with “Neutral” rating in a report issued on a September 23.
Approximately 204,761 shares of stock traded hands. PZ Cussons plc (LON:PZC) has declined 16.58% since May 13, 2015 and is downtrending. It has underperformed by 14.65% the S&P500.
The overall sentiment of institutions has decreased to 0.33 in Q2 2015. Its down 0.53, from 0.86 in 2015Q2. The ratio fall, as 2 institutions have sold all the shares of PZ Cussons plc that they owned while 7 funds have taken shares off the table. 0 funds have purchased shares for the first time while 3 added to their positions. These institutions now hold 697,687 shares or 9.66% more than the 636,199 shares they owned in 2015Q2.
The Fund First Foundation Advisors currently is holding shares equating to 0.06% of its total portfolio in PZ Cussons plc representing a total of 67,409 shares. Another fund,Concert Wealth Management Inc., is holding a total of 18,200 shares equating to 0.03% of their holdings. Additionally, Hollencrest Securities Llc has a 14,040 share stake in PZ Cussons plc which represents 0.03% of their total portfolio. The Fund, Hanson Mcclain Inc., based out of California, has also built up a stake in the stock, which represents a total of 0.02% of their total portfolio. Finally Guggenheim Capital Llc, a fund which is based in the state of Illinois reported a total holdings of 269,302 shares.
PZ Cussons Plc is a United Kingdom-based consumer products company. The company has a market cap of 1.32 billion GBP. The Company’s personal care products include bar soap, liquid hand wash, shower gel, skincare and hair care. It has 24.17 P/E ratio. The Company’s home care consists of fabric care, which includes products, such as laundry soap and branded bulk and packaged washing powder, and dish care, which includes its Morning Fresh brand.