Bank of America (BofA) has upgraded Church & Dwight Co., Inc. (CHD, Financial) from Neutral to Buy, accompanied by an increase in the price target to $125 from the previous $112. This strategic move is based on the anticipation that Church & Dwight will leverage its value portfolio to navigate the current challenging consumer environment effectively.
The company has a strong track record, having outperformed the S&P 500 Index during the past four economic downturns by an average margin of 22%. This historical performance suggests that Church & Dwight could again prove resilient and surpass broader market trends as economic pressures mount.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 21 analysts, the average target price for Church & Dwight Co Inc (CHD, Financial) is $108.48 with a high estimate of $126.00 and a low estimate of $72.12. The average target implies an upside of 2.75% from the current price of $105.58. More detailed estimate data can be found on the Church & Dwight Co Inc (CHD) Forecast page.
Based on the consensus recommendation from 26 brokerage firms, Church & Dwight Co Inc's (CHD, Financial) average brokerage recommendation is currently 2.8, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Church & Dwight Co Inc (CHD, Financial) in one year is $108.46, suggesting a upside of 2.73% from the current price of $105.58. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Church & Dwight Co Inc (CHD) Summary page.
