Edgewell Personal Care Moving in the 'Right' Direction, RBC Says

MT Newswires Live

May 04

Edgewell Personal Care (EPC) is moving in the "right" direction after a period of "persistent underperformance," RBC Capital Markets analysts said in a Monday note.

The company is scheduled to report its fiscal Q2 financial results on Wednesday.

Analysts said they do not expect any additional surprises in Edgewell's fiscal Q2 financial report, and instead look for indications that its initiatives remain on track to drive improvement.

RBC said there are some "positive" consumption data points for the quarter, but it remains wary of "fragile" demand conditions.

Analysts said the conflict in the Middle East has the potential to pressure demand and costs.

RBC has an outperform rating on the stock and a $26 price target.

Price: 22.22, Change: -0.34, Percent Change: -1.51

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