Q: Hi 5i,
is the price is attractive to buy in now for PBH:CA, before it was over 100. What is your suggested buy in price and target price.
Many thanks
is the price is attractive to buy in now for PBH:CA, before it was over 100. What is your suggested buy in price and target price.
Many thanks
5i Research Answer:
PBH has been weak, but it has a long term margin improvement plan in place. This week also saw some activity from an activist investor hoping to drive improvement in the share price. We would suggest $82. Average target price is $118. We might tone that down to $100.