Church & Dwight (NYSE:CHD) had its price target hoisted by Wells Fargo & Co from $62.00 to $70.00 in a research report released on Friday, March 29th, BenzingaRatingsTable reports. Wells Fargo & Co currently has a market perform rating on the stock.
Several other research firms also recently weighed in on CHD. Deutsche Bank raised their price objective on Church & Dwight from $64.00 to $67.00 and gave the company a hold rating in a report on Friday, March 29th. Zacks Investment Research raised Church & Dwight from a sell rating to a hold rating in a report on Thursday, March 28th. Bank of America reissued an underperform rating and set a $66.00 price objective (up previously from $58.00) on shares of Church & Dwight in a report on Thursday, December 6th. Morgan Stanley set a $58.00 price objective on Church & Dwight and gave the company a sell rating in a report on Thursday, December 20th. Finally, Credit Suisse Group initiated coverage on Church & Dwight in a report on Wednesday, March 6th. They set a neutral rating and a $65.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and seven have given a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average target price of $66.85.
Shares of NYSE CHD traded down $0.12 during mid-day trading on Friday, hitting $73.77. 984,425 shares of the stock traded hands, compared to its average volume of 1,826,749. The company has a quick ratio of 0.52, a current ratio of 0.81 and a debt-to-equity ratio of 0.61. Church & Dwight has a twelve month low of $44.87 and a twelve month high of $74.49. The company has a market cap of $18.13 billion, a price-to-earnings ratio of 32.50, a price-to-earnings-growth ratio of 3.58 and a beta of 0.23.
Institutional investors and hedge funds have recently made changes to their positions in the business. Cordasco Financial Network bought a new position in shares of Church & Dwight in the 1st quarter worth about $28,000. Pinnacle Bank bought a new position in shares of Church & Dwight in the 4th quarter worth about $33,000. Berman Capital Advisors LLC bought a new position in shares of Church & Dwight in the 4th quarter worth about $34,000. Financial Gravity Companies Inc. bought a new position in shares of Church & Dwight in the 4th quarter worth about $47,000. Finally, Patriot Financial Group Insurance Agency LLC raised its position in shares of Church & Dwight by 27.2% in the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 735 shares of the company’s stock worth $48,000 after acquiring an additional 157 shares in the last quarter. 82.50% of the stock is currently owned by hedge funds and other institutional investors.
Church & Dwight Company Profile
Church & Dwight Co, Inc develops, manufactures, and markets household, personal care, and specialty products. It operates in three segments: Consumer Domestic, Consumer International, and Specialty Products Division. The company offers baking soda, cat litter, carpet deodorization, and laundry detergent under the ARM & HAMMER brand; condoms, lubricants, and vibrators under the TROJAN brand; stain removers, cleaning solutions, laundry detergent, and bleach alternatives under the OXICLEAN brand; battery-operated and manual toothbrushes under the SPINBRUSH; and home pregnancy and ovulation test kits under the FIRST RESPONSE brand.
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