Wells Fargo Sticks to Their Buy Rating for Church & Dwight (CHD)
In a report released today, Christopher Carey from Wells Fargo maintained a Buy rating on Church & Dwight, with a price target of $105.00.
Easter Sale - 70% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
According to TipRanks, Carey is a 3-star analyst with an average return of 1.4% and a 47.70% success rate. Carey covers the Consumer Defensive sector, focusing on stocks such as Church & Dwight, Clorox, and Colgate-Palmolive.
In addition to Wells Fargo, Church & Dwight also received a Buy from Goldman Sachs’s Bonnie Herzog in a report issued on April 2. However, yesterday, UBS assigned a Hold rating to Church & Dwight (NYSE: CHD).
Based on Church & Dwight’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.64 billion and a net profit of $143.5 million. In comparison, last year the company earned a revenue of $1.58 billion and had a net profit of $189.2 million
Based on the recent corporate insider activity of 99 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CHD in relation to earlier this year. Last month, Penry Price, a Director at CHD sold 7,000.00 shares for a total of $704,060.00.
Read More on CHD:
