PZ Cussons (LON:PZC) Stock Passes Above 200-Day Moving Average – What’s Next?

PZ Cussons plc (LON:PZC) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 91.79 and traded as high as GBX 98.70. PZ Cussons shares last traded at GBX 97.20, with a volume of 788,488 shares changing hands.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. JPMorgan Chase & Co. boosted their target price on shares of PZ Cussons from GBX 100 to GBX 110 and gave the company a “neutral” rating in a research note on Thursday, June 18th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 120 price target on shares of PZ Cussons in a research note on Friday, August 7th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of GBX 115.

PZ Cussons Trading Down 0.5%

The business has a 50 day simple moving average of GBX 103.91 and a two-hundred day simple moving average of GBX 91.82. The company has a current ratio of 0.84, a quick ratio of 1.36 and a debt-to-equity ratio of 38.34. The company has a market cap of £407.43 million, a PE ratio of 20.71, a price-to-earnings-growth ratio of 1.13 and a beta of 0.52.

PZ Cussons (LON:PZC) last announced its quarterly earnings data on Thursday, August 6th. The company reported GBX 4.70 EPS for the quarter. PZ Cussons had a return on equity of 8.44% and a net margin of 3.66%. On average, analysts forecast that PZ Cussons plc will post 13.9099999 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider David A. Tyler bought 2,602 shares of the stock in a transaction that occurred on Monday, August 24th. The stock was purchased at an average cost of GBX 105 per share, for a total transaction of £2,732.10. Also, insider Jitesh Himatlal Sodha purchased 2,508 shares of the company’s stock in a transaction that occurred on Monday, August 24th. The shares were bought at an average cost of GBX 105 per share, with a total value of £2,633.40. Insiders have bought 53,074 shares of company stock worth $5,491,530 over the last ninety days. Insiders own 15.47% of the company’s stock.

PZ Cussons Company Profile

PZ Cussons plc manufactures, distributes, markets, and sells baby, beauty, and hygiene products in Europe, the Americas, the Asia Pacific, and Africa. The company offers toiletries, pharmaceuticals, electrical goods, edible oils, fats and spreads, nutritional products, shampoos, body washes, toothpastes, toothbrushes, skin and hair care products, food pouches, cereals, snacks, flavors, and fragrances; beauty soaps, lotions, wipes, creams, shower gels, foam-bursts, bar soaps, deodorants, bath infusions, handwashes, and conditioners; ointments; dishwashing liquids, dishwasher tablets, dishwasher gels, dishwasher capsules, rinse aids, liquid detergents, laundry soaps, and laundry solutions; and cooking and vegetable oils.