RBC Capital Thinks Edgewell Personal Care’s Stock is Going to Recover

By Ryan Adsit

RBC Capital analyst Nik Modi reiterated a Buy rating on Edgewell Personal Care (NYSE: EPC) on July 14 and set a price target of $105. The company’s shares closed on Friday at $72.38, close to its 52-week high of $86.85.

According to TipRanks.com, Modi is a 4-star analyst with an average return of 7.0% and a 73.4% success rate. Modi covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies Inc, Constellation Brands Inc, and Monster Beverage Corp.

Edgewell Personal Care has an analyst consensus of Moderate Buy, with a price target consensus of $88.

Based on Edgewell Personal Care’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $611 million and quarterly net profit of $65.7 million. In comparison, last year the company earned revenue of $645 million and had a net profit of $36.7 million.

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Edgewell Personal Care Co. engages in the manufacture and marketing of skin care and other personal care products. It operates through the following segments: Personal Care and Household Products .