Royal Bank of Canada Lowers Edgewell Personal Care (NYSE:EPC) Price Target to $43.00

Edgewell Personal Care (NYSE:EPC) had its price objective cut by Royal Bank of Canada from $48.00 to $43.00 in a research note issued on Tuesday,Benzinga reports. The firm currently has an “outperform” rating on the stock. Royal Bank of Canada’s price target would indicate a potential upside of 50.27% from the company’s current price.

Several other equities research analysts also recently weighed in on EPC. Barclays decreased their price target on shares of Edgewell Personal Care from $36.00 to $33.00 and set an “equal weight” rating for the company in a research note on Friday, January 17th. Wells Fargo & Company decreased their price target on Edgewell Personal Care from $37.00 to $35.00 and set an “overweight” rating for the company in a research report on Tuesday. Morgan Stanley dropped their target price on shares of Edgewell Personal Care from $35.00 to $32.00 and set an “underweight” rating on the stock in a research note on Tuesday. Truist Financial lowered their price objective on Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating on the stock in a research note on Wednesday, October 16th. Finally, UBS Group cut their target price on Edgewell Personal Care from $40.00 to $36.00 and set a “neutral” rating for the company in a research note on Thursday, January 16th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $38.86.

Edgewell Personal Care Trading Down 9.4 %

NYSE EPC opened at $28.62 on Tuesday. The firm has a market capitalization of $1.39 billion, a PE ratio of 14.60 and a beta of 0.88. The business’s 50-day moving average price is $33.79 and its two-hundred day moving average price is $35.72. The company has a current ratio of 1.66, a quick ratio of 0.81 and a debt-to-equity ratio of 0.80. Edgewell Personal Care has a 12 month low of $26.65 and a 12 month high of $41.50.

Edgewell Personal Care (NYSE:EPC) last announced its earnings results on Monday, February 10th. The company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.13 by ($0.06). Edgewell Personal Care had a net margin of 4.38% and a return on equity of 9.78%. On average, analysts expect that Edgewell Personal Care will post 3.19 EPS for the current year.

Institutional Investors Weigh In On Edgewell Personal Care

Several hedge funds have recently made changes to their positions in EPC. R Squared Ltd acquired a new stake in Edgewell Personal Care in the fourth quarter worth about $36,000. Wolverine Asset Management LLC lifted its stake in Edgewell Personal Care by 217.4% in the 4th quarter. Wolverine Asset Management LLC now owns 1,168 shares of the company’s stock valued at $39,000 after buying an additional 800 shares in the last quarter. Prospera Private Wealth LLC purchased a new position in shares of Edgewell Personal Care in the third quarter worth about $48,000. KBC Group NV boosted its stake in Edgewell Personal Care by 56.5% during the fourth quarter. KBC Group NV now owns 2,279 shares of the company’s stock worth $77,000 after buying an additional 823 shares during the last quarter. Finally, TD Private Client Wealth LLC increased its holdings in shares of Edgewell Personal Care by 33.1% during the 3rd quarter. TD Private Client Wealth LLC now owns 2,788 shares of the company’s stock worth $101,000 after buying an additional 693 shares during the last quarter. 91.91% of the stock is currently owned by hedge funds and other institutional investors.

Edgewell Personal Care Company Profile

Edgewell Personal Care Company is a manufacturer and marketer of personal care products in the wet shave, sun and skin care, feminine care and infant care categories. As of September 30, 2016, the Company had a portfolio of over 25 brands. It manages its business in four segments: Wet Shave, Sun and Skin Care, Feminine Care and All Other.