Positive Press Coverage Likely to Affect Prestige Brands Holdings (PBH) Stock Price

Positive Press Coverage Likely to Affect Prestige Brands Holdings (PBH) Stock Price

News articles about Prestige Brands Holdings (NYSE:PBH) have been trending positive recently, according to Alpha One. The research group, a unit of Accern, rates the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Alpha One ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Prestige Brands Holdings earned a media sentiment score of 0.49 on Alpha One’s scale. Alpha One also assigned media stories about the company an impact score of 66 out of 100, indicating that recent press coverage is likely to have an effect on the stock’s share price in the next several days.

PBH has been the topic of a number of recent analyst reports. B. Riley restated a “buy” rating and issued a $77.00 price target on shares of Prestige Brands Holdings in a research report on Sunday, February 26th. Zacks Investment Research upgraded shares of Prestige Brands Holdings from a “hold” rating to a “buy” rating and set a $63.00 price target on the stock in a research report on Wednesday, March 29th. Finally, Jefferies Group LLC set a $45.00 price target on shares of Prestige Brands Holdings and gave the company a “sell” rating in a research report on Thursday, February 2nd. Two equities research analysts have rated the stock with a sell rating and six have issued a buy rating to the company’s stock. Prestige Brands Holdings currently has an average rating of “Buy” and a consensus target price of $62.17.

Shares of Prestige Brands Holdings (NYSE:PBH) traded up 0.23% during trading on Friday, hitting $56.34. 237,150 shares of the company’s stock were exchanged. Prestige Brands Holdings has a 1-year low of $44.64 and a 1-year high of $59.63. The stock’s 50-day moving average price is $56.38 and its 200-day moving average price is $52.81. The stock has a market cap of $2.98 billion, a PE ratio of 41.70 and a beta of 1.56.

About Prestige Brands Holdings

Prestige Brands Holdings, Inc is engaged in the marketing, sales and distribution of over-the-counter healthcare and household cleaning products. The Company operates through three segments: North American Over-the-Counter (OTC) Healthcare; International Over-the-Counter Healthcare, and Household Cleaning.

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