Goldman Sachs Remains a Buy on Church & Dwight (CHD)

Goldman Sachs analyst Bonnie Herzog reiterated a Buy rating on Church & Dwight yesterday and set a price target of $109.00. The company’s shares closed yesterday at $94.20.

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According to TipRanks, Herzog is a 4-star analyst with an average return of 5.2% and a 55.75% success rate. Herzog covers the Consumer Defensive sector, focusing on stocks such as Philip Morris, Church & Dwight, and Constellation Brands.

In addition to Goldman Sachs, Church & Dwight also received a Buy from Wells Fargo’s Christopher Carey in a report issued yesterday. However, on April 7, 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.