Insider Buying: PZ Cussons (LON:PZC) Insider Purchases £149.35 in Stock

PZ Cussons plc (LON:PZC) insider Jonathan Myers bought 145 shares of the company’s stock in a transaction dated Monday, August 17th. The stock was purchased at an average cost of GBX 103 per share, for a total transaction of £149.35.

Jonathan Myers also recently made the following trade(s):

• On Friday, July 17th, Jonathan Myers purchased 141 shares of PZ Cussons stock. The stock was purchased at an average price of GBX 107 per share, with a total value of £150.87.

PZ Cussons Trading Up 1.4%

PZ Cussons stock opened at GBX 103.80 on Friday. PZ Cussons plc has a 52 week low of GBX 65.09 and a 52 week high of GBX 114. The company has a debt-to-equity ratio of 38.34, a quick ratio of 1.36 and a current ratio of 0.84. The firm has a market capitalization of £436.33 million, a price-to-earnings ratio of -88.72, a P/E/G ratio of 1.13 and a beta of 0.53. The company has a 50 day moving average price of GBX 104.93 and a 200 day moving average price of GBX 89.46.

PZ Cussons (LON:PZC) last announced its earnings results on Thursday, August 6th. The company reported GBX 4.70 earnings per share (EPS) for the quarter. PZ Cussons had a net margin of 3.66% and a return on equity of 8.44%. Research analysts forecast that PZ Cussons plc will post 13.9099999 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages have commented on PZC. JPMorgan Chase & Co. raised their price objective on PZ Cussons from GBX 100 to GBX 110 and gave the stock a “neutral” rating in a research report on Thursday, June 18th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 120 price target on shares of PZ Cussons in a research report on Friday, August 7th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, PZ Cussons currently has an average rating of “Moderate Buy” and a consensus price target of GBX 115.

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.