Numis Securities Lowers PZ Cussons (PZC) Price Target to GBX 325

PZ Cussons (LON:PZC) had its target price lowered by Numis Securities from GBX 340 ($4.58) to GBX 325 ($4.37) in a research report released on Thursday morning. The brokerage currently has a hold rating on the stock.

A number of other analysts have also recently issued reports on PZC. J P Morgan Chase & Co reissued a neutral rating and issued a GBX 350 ($4.71) price objective on shares of PZ Cussons in a research note on Thursday, September 28th. Shore Capital reissued a hold rating on shares of PZ Cussons in a research note on Wednesday, September 27th. Finally, Investec increased their price objective on shares of PZ Cussons from GBX 394 ($5.30) to GBX 414 ($5.57) and gave the stock a buy rating in a research note on Monday, September 18th. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The stock has an average rating of Hold and a consensus price target of GBX 362.25 ($4.88).

Shares of PZ Cussons (PZC) opened at GBX 314.40 ($4.23) on Thursday. PZ Cussons has a 52 week low of GBX 294.20 ($3.96) and a 52 week high of GBX 367.80 ($4.95).

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About PZ Cussons

PZ Cussons Plc is a United Kingdom-based consumer products company. The principal activities of the Company are manufacturing and distribution of soaps, detergents, toiletries, beauty products, pharmaceuticals, electrical goods, edible oils, fats and spreads, and nutritional products. The Company’s segments include Africa, Asia and Europe.

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