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Home / Support and Resistance / PZ Cussons (PZC.L) 09-12-19

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

PZ Cussons (PZC.L) 09-12-19

Are PZ Cussons (PZC.L) about to break below the 200p support zone, or recover again to 227p highs? (+12%)

 

  • The share price is close to 200p support. Shares are 201p (at time of writing).
  • The support has proven robust to date. Will it stand firm this time?
  • The shares have touched this level numerous times.
  • Check our website and news outlets for updates. Fundamental developments can affect the strength of support levels.
  • Shares -11% from 12-month highs; +12% from 12 month lows.

Latest News

30 Oct:  PZ Cussons, the consumer goods company, announced that Paul Grimwood and Kirsty Bashforth have been appointed as non-Executive Directors.

25 Sep:  PZ Cussons stated that results for the year would likely show no improvement on the previous year, due to tough markets in the UK, Nigeria and Australia.

 

29 Aug:  PZ Cussons has agreed to sell Minerva, its Greek food business, as well as Luksja, its Polish personal care business.

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

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This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.


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