Oppenheimer Lowers Price Target on Church & Dwight (CHD) to $100 Amid Sector Challenges
Church & Dwight Co., Inc. (NYSE:CHD) is included among the 13 Most Undervalued Dividend Stocks to Buy According to Wall Street Analysts.
Church & Dwight Co., Inc. (NYSE:CHD) is a New Jersey-based consumer goods company specializing in personal care, household, and specialty products.
On October 21, Oppenheimer lowered its price target on Church & Dwight Co., Inc. (NYSE:CHD) to $100 from $115 while maintaining an Outperform rating on the stock. Ahead of upcoming consumer staples earnings, the firm revised its outlook on the sector and select companies. Consistent with its views over recent quarters, Oppenheimer continues to highlight challenges in the broader CPG space, including limited pricing power for many companies, GLP-1 risks affecting food brands, ongoing focus by major retailers on private-label products, tariff concerns, and changing consumer preferences.
That said, the company’s dividend history has always remained strong. On October 27, Church & Dwight Co., Inc. (NYSE:CHD) announced a quarterly dividend of $0.295 per share, which fell in line with its previous payout. The company has increased dividends for 29 consecutive years and has paid regular dividends for 124 years. As of October 29, the stock has a dividend yield of 1.44%.
While we acknowledge the potential of CHD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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