Oddo Bhf Upgrades Ontex Group (OTCMKTS:ONXXF) to “Neutral”

Ontex Group (OTCMKTS:ONXXF – Get Rating) was upgraded by stock analysts at Oddo Bhf from an “underperform” rating to a “neutral” rating in a report issued on Thursday, The Fly reports. The brokerage presently has a €8.00 ($8.42) price target on the stock.

Other equities research analysts also recently issued reports about the stock. UBS Group reduced their price target on shares of Ontex Group from €11.50 ($12.11) to €10.50 ($11.05) in a research note on Thursday, April 21st. JPMorgan Chase & Co. reduced their price target on shares of Ontex Group from €7.50 ($7.89) to €6.00 ($6.32) and set a “neutral” rating on the stock in a research note on Friday, February 25th. Finally, Credit Suisse Group reduced their price target on shares of Ontex Group from €9.00 ($9.47) to €6.80 ($7.16) in a research note on Friday, April 22nd. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $8.06.

Shares of Ontex Group stock opened at $7.51 on Thursday. Ontex Group has a 12-month low of $6.65 and a 12-month high of $11.30. The firm’s 50-day moving average price is $7.09 and its two-hundred day moving average price is $8.38.

Ontex Group Company Profile (Get Rating)

Ontex Group NV provides personal hygiene solutions for baby, feminine, and adult care in Western Europe, Eastern Europe, the Americas, Mexico, the United Kingdom, Italy, France, and internationally. It offers baby care products, such as baby diapers and pants, and wet wipes under the Baby Pants, Bbtips, Bio Baby, Chicolastics, Canbebe, Cremer Disney, Helen Harper, Kiddies, Little Big Change, Moltex, Pom Pom, Sapeka, and Mônica brands; and feminine care products, including sanitary towels, panty liners, and tampons under the Fiore, Mia, NAT, Sincere, and Silhouette brand names.

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