Oppenheimer Raises Price Target on Church & Dwight Co (CHD)

By admin | 6 years ago

Research analysts at Oppenheimer (NYSE: OPY) increased their target price on shares of Church & Dwight Co (NYSE: CHD) to $58.00 in a report released on Monday. The firm currently has an “outperform” rating on the stock.

Church & Dwight Co traded up 0.25% on Monday, hitting $52.50. Church & Dwight Co has a 52-week low of $36.78 and a 52-week high of $52.39. The company has a market cap of $7.471 billion and a price-to-earnings ratio of 23.82.

Church & Dwight Co last posted its quarterly earnings results on Friday, May 4th. The company reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.05. The company’s revenue for the quarter was up 7.5% on a year-over-year basis. Analysts expect that Church & Dwight Co will post $0.62 EPS next quarter.

A number of other analysts have also recently weighed in on CHD. Analysts at UBS AG (NYSE: UBS) reiterated a “neutral” rating on shares of Church & Dwight Co in a research note to investors on Wednesday, February 8th. They now have a $48.00 price target on the stock, up previously from $44.00. Separately, analysts at RBC Capital (NYSE: RY) raised their price target on shares of Church & Dwight Co from $48.00 to $51.00 in a research note to investors on Wednesday, February 8th. They now have an “outperform” rating on the stock. Finally, analysts at Gabelli & Co downgraded shares of Church & Dwight Co from a “buy” rating to a “hold” rating in a research note to investors on Wednesday, February 8th.

Church & Dwight Co, Inc. develops, manufactures and markets a range of household, personal care and specialty products.

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