Oppenheimer Keeps Their Buy Rating on Church & Dwight (CHD)
In a report released yesterday, Rupesh Parikh from Oppenheimer maintained a Buy rating on Church & Dwight, with a price target of $115.00. The company’s shares closed yesterday at $105.26.
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According to TipRanks, Parikh is a 5-star analyst with an average return of 12.1% and a 64.11% success rate. Parikh covers the Consumer Defensive sector, focusing on stocks such as Church & Dwight, Costco, and Walmart.
Church & Dwight has an analyst consensus of Moderate Buy, with a price target consensus of $104.19, implying a -1.02% downside from current levels. In a report released on February 18, Goldman Sachs also reiterated a Buy rating on the stock with a $111.00 price target.
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 86 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. Earlier this month, Janet Vergis, a Director at CHD sold 12,960.00 shares for a total of $1,308,960.00.
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