PZ Cussons shares seems oversold close to their 296.7 support, threshold that is likely to make it rally again.

The business shows solid fundamentals with a low valuation and a strong profitability. Analysts average target price is valued at GBp 356, which represent a real appreciation potential.

Technically, the security is in a negative configuration in the short term as the bearish trend of 20-day moving average shows. Nevertheless, the stock seems to be oversold, near to its GBp 296.7 support in daily data. This level might stop the short term slumping, and allow a technical rebound.

In fact, the configuration could quickly take over an uptrend with the combination of all technical and fundamental factors. Most active investors could therefore open buyers positions to aim the GBp 320.9; the crossing of this level would open the way to new objectives with a second technical target at GBp 337. However the position needs to be protected by a stop-loss order below the GBp 296.7 support.