Church & Dwight (NYSE:CHD) Rating Upgrade
Trading of Church & Dwight (NYSE:CHD)’s shares is going to be interesting today. Oppenheimer upgraded the stock from a “Perform” to a “Outperform”.
The company’s rating upgrade is well-received by equity traders, as NYSE:CHD is now trading 0.62% higher at $45.10 as of 4:04 PM New York time. Church & Dwight shares have [From2] 0% over the past 200 days, while the S&P500 has added 6.00% during the same time period.
Out of 13 brokers covering Church & Dwight, 0 rate it a Buy, 0 indicate a Hold while 0 suggest a Sell. The highest target is $106 and the lowest is $79 according to Thomson/First Call. The 12-month mean target is $92.62, which means upside potential of 105.37% over the current price.
Reik & Co. Llc had the largest stake with ownership of 1.93 million shares as of Q2 2015 for 31.83% of the stocks portfolio. S&Co Inc is another very bullish investment manager who is possessing 713,474 shares of Church & Dwight or 5.13% of their stocks portfolio. Also, Marshall & Sullivan Inc Wa have 4.65% of their stocks portfolio invested in the company for 75,522 shares. The Illinois-based fund New England Research & Management Inc. disclosed it had purchased so far a stake worth about 4.6% of the investment manager’s stock portfolio in Church & Dwight. The California-based fund Ami Asset Management Corp is also positive about the stock, possessing 114,600 shares or 3.84% of their stocks portfolio.
Church & Dwight (NYSE:CHD) Profile
Church & Dwight Co., Inc. develops, manufactures and markets a range of household, personal care and specialty products. The Company’s segments include Consumer Domestic, Consumer International and Specialty Products Division (SPD). The Company also sells specialty products to industrial customers and distributors.
Church & Dwight (NYSE:CHD) traded up 0.62% on 7 February, hitting $45.1. A total of 1.49 million shares of the company’s stock traded hands. This is down from average of 2.20 million shares. Church & Dwight has a 52 week low of $42.56 and a 52 week high of $54.18. The company has a market cap of $11.27 billion and a P/E ratio of 25.95.
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