RBC Boosts Price Target for Edgewell Personal Care to $35.00
Royal Bank of Canada (RBC) has increased its price target for Edgewell Personal Care (NYSE:EPC) from $26.00 to $35.00, suggesting a potential upside of 25.55% from the stock's previous close.
This is not the only positive forecast for EPC; several other analysts have also raised their price targets in recent months. Barclays increased its target to $28.00, while Canaccord Genuity Group upped its target to $34.00.
Edgewell Personal Care reported quarterly earnings of $0.72 per share, beating analyst estimates of $0.64. The company's revenue for the quarter was down 9.1% compared to the same period last year.