Edgewell Personal Care (NYSE:EPC) Price Target Cut to $35.00 by Analysts at Wells Fargo & Company

Edgewell Personal Care (NYSE:EPC) had its price target reduced by equities researchers at Wells Fargo & Company from $37.00 to $35.00 in a report issued on Tuesday,Benzinga reports. The firm presently has an “overweight” rating on the stock. Wells Fargo & Company‘s price target suggests a potential upside of 20.73% from the stock’s previous close.

EPC has been the subject of a number of other reports. Barclays reduced their target price on shares of Edgewell Personal Care from $36.00 to $33.00 and set an “equal weight” rating for the company in a report on Friday, January 17th. UBS Group reduced their target price on shares of Edgewell Personal Care from $40.00 to $36.00 and set a “neutral” rating for the company in a report on Thursday, January 16th. Finally, Truist Financial reduced their target price on shares of Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating for the company in a report on Wednesday, October 16th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $36.57.

Edgewell Personal Care Stock Up 1.4 %

Shares of Edgewell Personal Care stock opened at $28.99 on Tuesday. Edgewell Personal Care has a twelve month low of $26.65 and a twelve month high of $41.50. The company has a market cap of $1.41 billion, a price-to-earnings ratio of 14.79 and a beta of 0.88. The company has a quick ratio of 0.81, a current ratio of 1.66 and a debt-to-equity ratio of 0.80. The company’s 50 day moving average is $33.42 and its 200 day moving average is $35.59.

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

Institutional Trading of Edgewell Personal Care

Hedge funds and other institutional investors have recently modified their holdings of the company. R Squared Ltd purchased a new stake in shares of Edgewell Personal Care in the fourth quarter worth $36,000. Wolverine Asset Management LLC grew its stake in Edgewell Personal Care by 217.4% during the fourth quarter. Wolverine Asset Management LLC now owns 1,168 shares of the company’s stock valued at $39,000 after acquiring an additional 800 shares in the last quarter. Prospera Private Wealth LLC purchased a new position in Edgewell Personal Care during the third quarter valued at $48,000. KBC Group NV grew 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 valued at $77,000 after acquiring an additional 823 shares in the last quarter. Finally, Blue Trust Inc. grew its stake in Edgewell Personal Care by 14.0% during the third quarter. Blue Trust Inc. now owns 2,697 shares of the company’s stock valued at $108,000 after acquiring an additional 332 shares in the last quarter. 91.91% of the stock is owned by hedge funds and other institutional investors.

About Edgewell Personal Care

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.