UPDATE: BTIG Research Initiates Coverage on Church & Dwight Co. with Buy Rating, $84 PT on Solid Strategic Potential

Loading...
Loading...
In a report published Wednesday, BTIG Research analyst April Scee initiated coverage on
Church & Dwight Co.CHD
with a Buy rating and $84.00 price target. In the report, BTIG Research noted, “We like Church's Mega Brand Strategy, we believe organic will accelerate in F15, that margins should also be strong in F15, and that a transformational acquisition is likely. Although biz looks fairly, we estimate $2bn of transactional potential and with a 60/40 probability in the next 12-18mo; this adds $14 to our valuation and we initiate with a Buy/tgt $84.” Church & Dwight Co. closed on Tuesday at $74.23.
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm
Posted In: Analyst ColorInitiationAnalyst RatingsApril SceeBTIG Research
We simplify the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...