PZ Cussons’ (PZC) Buy Rating Reiterated at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reissued their buy rating on shares of PZ Cussons (LON:PZC) in a report released on Friday, MarketBeat Ratings reports. The brokerage currently has a GBX 120 ($1.51) price target on the stock.

PZ Cussons Trading Up 2.9 %

LON PZC opened at GBX 80.80 ($1.02) on Friday. The company has a market cap of £338.95 million, a PE ratio of -577.14, a PEG ratio of 1.13 and a beta of 0.26. The company has a current ratio of 1.18, a quick ratio of 1.36 and a debt-to-equity ratio of 75.98. PZ Cussons has a 12 month low of GBX 75.30 ($0.95) and a 12 month high of GBX 159 ($2.00). The stock has a 50 day moving average of GBX 87.60 and a 200-day moving average of GBX 98.77.

PZ Cussons Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, December 4th. Stockholders of record on Thursday, October 31st will be issued a GBX 2.10 ($0.03) dividend. This represents a dividend yield of 2.03%. The ex-dividend date is Thursday, October 31st. This is an increase from PZ Cussons’s previous dividend of $1.50. PZ Cussons’s dividend payout ratio is presently -2,857.14%.

Insider Activity

In other news, insider Jonathan Myers sold 69,429 shares of the stock in a transaction that occurred on Monday, September 23rd. The stock was sold at an average price of GBX 90 ($1.13), for a total value of £62,486.10 ($78,687.95). 43.74% of the stock is currently owned by insiders.

PZ Cussons Company Profile

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.