Today, PZ Cussons plc (LON:PZC) Receives Consensus Recommendation of “Hold” from Brokerages

Today, PZ Cussons plc (LON:PZC) Receives Consensus Recommendation of “Hold” from Brokerages

PZ Cussons plc (LON:PZC) has been assigned an average recommendation of “Hold” from the seven ratings firms that are presently covering the firm. One research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and two have given a buy recommendation to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is GBX 329.67 ($4.30).

A number of research analysts have weighed in on PZC shares. JPMorgan Chase & Co. boosted their target price on shares of PZ Cussons plc from GBX 330 ($4.31) to GBX 360 ($4.70) and gave the company a “neutral” rating in a research note on Thursday, September 29th. Shore Capital restated a “hold” rating on shares of PZ Cussons plc in a research note on Wednesday, September 28th. HSBC upped their price target on shares of PZ Cussons plc from GBX 300 ($3.92) to GBX 322 ($4.20) and gave the company a “hold” rating in a research note on Friday, June 10th. Finally, Numis Securities Ltd restated a “hold” rating and set a GBX 324 ($4.23) price target on shares of PZ Cussons plc in a research note on Tuesday, August 2nd.

In other news, insider Richard J. Harvey bought 3,413 shares of the stock in a transaction on Friday, September 30th. The shares were acquired at an average cost of GBX 363 ($4.74) per share, for a total transaction of £12,389.19 ($16,171.77). Also, insider Silver,Caroline bought 10,000 shares of the stock in a transaction on Thursday, September 1st. The stock was purchased at an average price of GBX 333 ($4.35) per share, for a total transaction of £33,300 ($43,466.91).

PZ Cussons plc (LON:PZC) traded up 0.36% during mid-day trading on Thursday, hitting GBX 362.90. 336,293 shares of the company’s stock were exchanged. The stock’s market cap is GBX 1.52 billion. PZ Cussons plc has a 12 month low of GBX 240.70 and a 12 month high of GBX 374.00. The stock’s 50 day moving average price is GBX 349.51 and its 200-day moving average price is GBX 331.29.

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