PZ Cussons (LON:PZC) Sets New 52-Week High – Still a Buy?

PZ Cussons plc (LON:PZC)’s stock price hit a new 52-week high during trading on Thursday . The stock traded as high as GBX 108.28 and last traded at GBX 108.20, with a volume of 1301797 shares. The stock had previously closed at GBX 103.20.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. upped their target price on PZ Cussons from GBX 100 to GBX 110 and gave the stock a “neutral” rating in a research report on Thursday, June 18th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of GBX 110.

PZ Cussons Trading Up 0.7%

The business has a fifty day moving average of GBX 87.99 and a 200-day moving average of GBX 81.28. The stock has a market capitalization of £458.19 million, a price-to-earnings ratio of -93.16, a price-to-earnings-growth ratio of 1.13 and a beta of 0.53. The company has a debt-to-equity ratio of 67.93, a current ratio of 0.96 and a quick ratio of 1.36.

About PZ Cussons

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.