Prestige Consumer Healthcare (NYSE:PBH) Raised to “Buy” at StockNews.com

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StockNews.com upgraded shares of Prestige Consumer Healthcare (NYSE:PBH – Free Report) from a hold rating to a buy rating in a research report sent to investors on Tuesday. Several other research firms have also issued reports on PBH. Royal Bank of Canada upped their price objective on Prestige Consumer Healthcare from $96.00 to $97.00 and [...]

StockNews.com upgraded shares of Prestige Consumer Healthcare ( NYSE:PBH – Free Report ) from a hold rating to a buy rating in a research report sent to investors on Tuesday. Several other research firms have also issued reports on PBH.

Royal Bank of Canada upped their price objective on Prestige Consumer Healthcare from $96.00 to $97.00 and gave the company a “sector perform” rating in a research note on Friday, March 21st.



Oppenheimer increased their target price on Prestige Consumer Healthcare from $87.00 to $93.00 and gave the stock an “outperform” rating in a research note on Thursday, February 13th.

DA Davidson increased their target price on Prestige Consumer Healthcare from $95.00 to $104.00 and gave the stock a “buy” rating in a research note on Friday, February 7th.

Finally, Canaccord Genuity Group increased their target price on Prestige Consumer Healthcare from $93.00 to $100.00 and gave the stock a “buy” rating in a research note on Friday, February 7th.

Three analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $93.33.

View Our Latest Analysis on Prestige Consumer Healthcare Prestige Consumer Healthcare Price Performance Prestige Consumer Healthcare ( NYSE:PBH – Get Free Report ) last released its quarterly earnings data on Thursday, February 6th. The company reported $1.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.

18 by $0.04. Prestige Consumer Healthcare had a return on equity of 12.

36% and a net margin of 19.13%. On average, analysts anticipate that Prestige Consumer Healthcare will post 4.

5 earnings per share for the current year. Insider Buying and Selling In related news, SVP Mary Beth Fritz sold 1,678 shares of the stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $90.

00, for a total transaction of $151,020.00. Following the sale, the senior vice president now owns 17,157 shares of the company’s stock, valued at $1,544,130.

This represents a 8.91 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website .

1.60% of the stock is currently owned by company insiders. Institutional Investors Weigh In On Prestige Consumer Healthcare A number of large investors have recently added to or reduced their stakes in the stock.

Envestnet Asset Management Inc. boosted its holdings in shares of Prestige Consumer Healthcare by 6.4% in the 1st quarter.

Envestnet Asset Management Inc. now owns 180,802 shares of the company’s stock valued at $15,544,000 after purchasing an additional 10,876 shares in the last quarter. Concurrent Investment Advisors LLC acquired a new stake in shares of Prestige Consumer Healthcare in the 1st quarter valued at $361,000.

Principal Financial Group Inc. boosted its holdings in shares of Prestige Consumer Healthcare by 3.2% in the 1st quarter.

Principal Financial Group Inc. now owns 264,817 shares of the company’s stock valued at $22,766,000 after purchasing an additional 8,291 shares in the last quarter. Meritage Portfolio Management boosted its holdings in shares of Prestige Consumer Healthcare by 6.

8% in the 1st quarter. Meritage Portfolio Management now owns 13,702 shares of the company’s stock valued at $1,178,000 after purchasing an additional 876 shares in the last quarter. Finally, KBC Group NV boosted its holdings in shares of Prestige Consumer Healthcare by 7.

4% in the 1st quarter. KBC Group NV now owns 2,199 shares of the company’s stock valued at $189,000 after purchasing an additional 151 shares in the last quarter. Institutional investors and hedge funds own 99.

95% of the company’s stock. Prestige Consumer Healthcare Company Profile ( Get Free Report ) Prestige Consumer Healthcare Inc, together with its subsidiaries, develops, manufactures, markets, distributes, and sells over-the-counter (OTC) health and personal care products in the United States and internationally. The company operates in two segments, North American OTC Healthcare and International OTC Healthcare.

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