William Blair analyst Jon Andersen has maintained their bullish stance on CHD stock, giving a Buy rating on October 29.
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Jon Andersen has given his Buy rating due to a combination of factors including Church & Dwight’s strong financial performance and strategic positioning. The company’s sales exceeded both Andersen’s estimates and the consensus by a significant margin, and its earnings per share also surpassed forecasts, indicating robust financial health.
Additionally, the company has increased its sales and earnings guidance for 2025, suggesting confidence in its future growth prospects. Despite the challenging economic environment, Church & Dwight’s diverse product portfolio, which balances premium and value offerings, along with its ability to generate cash and flexible capital allocation, positions it well for delivering solid returns to shareholders.
Andersen covers the Consumer Defensive sector, focusing on stocks such as Church & Dwight, J & J Snack Foods, and JM Smucker. According to TipRanks, Andersen has an average return of 2.2% and a 49.18% success rate on recommended stocks.
In another report released on October 29, RBC Capital also maintained a Buy rating on the stock with a $114.00 price target.