Canaccord Genuity reissued their buy rating on shares of PZ Cussons plc (LON:PZC) in a research report released on Friday, MarketBeat Ratings reports. The firm currently has a GBX 345 ($4.92) price objective on the stock.

Shares of PZ Cussons plc (LON:PZC) traded up 2.49% during trading on Friday, reaching GBX 255.50. 336,064 shares of the company traded hands. The firm’s market capitalization is GBX 1.07 billion. PZ Cussons plc has a 12-month low of GBX 246.60 and a 12-month high of GBX 376.90. The company has a 50 day moving average price of GBX 276.20 and a 200 day moving average price of GBX 305.84.

The business also recently declared a dividend, which will be paid on Thursday, April 7th. Investors of record on Thursday, February 18th will be issued a dividend of GBX 2.61 ($0.04) per share. This represents a dividend yield of 1.05%. The ex-dividend date is Thursday, February 18th.

Other equities analysts have also issued reports about the stock. Investec lowered their price target on shares of PZ Cussons plc from GBX 350 ($4.99) to GBX 327 ($4.66) and set a buy rating on the stock in a research report on Thursday, December 10th. Goldman Sachs raised their target price on shares of PZ Cussons plc from GBX 355 ($5.06) to GBX 360 ($5.13) and gave the company a buy rating in a report on Thursday, November 26th. HSBC reissued a hold rating and issued a GBX 325 ($4.63) target price on shares of PZ Cussons plc in a report on Thursday, January 7th. Finally, Numis Securities Ltd reissued a hold rating and issued a GBX 282 ($4.02) target price on shares of PZ Cussons plc in a report on Friday, December 11th. Five analysts have rated the stock with a hold rating and three have given a buy rating to the stock. PZ Cussons plc has an average rating of Hold and an average target price of GBX 311.29 ($4.43).

In related news, insider Harvey,Richard J purchased 4,300 shares of the firm’s stock in a transaction that occurred on Thursday, December 31st. The shares were bought at an average cost of GBX 290 ($4.13) per share, with a total value of £12,470 ($17,766.06).

PZ Cussons Plc is a United Kingdom-based consumer products company. The Company’s personal care products include bar soap, liquid hand wash, shower gel, skincare and hair care. The Company’s home care consists of fabric care, which includes products, such as laundry soap and branded bulk and packaged washing powder, and dish care, which includes its Morning Fresh brand. The Company’s food and nutrition consists of cooking ingredients, which include a food business in Greece that sells oils, as well as spreads, vinegars and cheeses; dairy products, which include powdered, evaporated and ultra-high temperature (LON:PZC) dairy-based products, and baby food, which includes products that are made from natural ingredients. Its electrical products consist of refrigerators, freezers and air conditioners for the African market. The Company’s laundry and toilet soaps are manufactured at its bar soap facility at Aba in East Nigeria. It has operations in Africa, Europe and Asia.

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