Price Target Update on Procter & Gamble Company (The) (NYSE:PG)

Procter & Gamble Company (The) (NYSE:PG) : The consensus price target for Procter & Gamble Company (The) (NYSE:PG) is $84.36 for the short term with a standard deviation of $7.57. The most optimist securities analyst among the 14 who monitor the stock believes that the stock can reach $95, however, the pessimist price target for the company is $69.

Other Equity analysts have also commented on the company shares. Jefferies initiates coverage on Procter & Gamble Company (The) (NYSE:PG) . The global brokerage major announces a current price target of $95 per share. Analysts at the Jefferies have a current rating of Buy on the shares. The rating by the firm was issued on June 15, 2016.

Procter & Gamble Company (The) (NYSE:PG): stock turned positive on Thursday. Though the stock opened at $83.81, the bulls momentum made the stock top out at $84.21 level for the day. The stock recorded a low of $83.57 and closed the trading day at $84.21, in the green by 0.77%. The total traded volume for the day was 7,361,265. The stock had closed at $83.57 in the previous days trading.

The company shares have rallied 5.27% from its 1 Year high price. On Mar 21, 2016, the shares registered one year high at $83.87 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $81.99 and the 200 Day Moving Average price is recorded at $80.98. On the companys insider trading activities,The officer (President-Europe SMO) of Procter & Gamble Co, Coombe Gary A sold 1,529 shares at $82.36 on June 3, 2016. The Insider selling transaction had a total value worth of $125,928. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

The Procter & Gamble Company (P&G) provides consumer packaged goods. The Company operates in five segments under GBUs: Beauty, which offers a range of products ranging from deodorants to cosmetics to skin care; Grooming, which includes blades, razors and electronic hair removal devices, such as electric razors and epilators; Health Care, which includes oral care and personal health care products.; Fabric Care and Home Care, which consists of a range of fabric care products, home care products and batteries, and Baby Feminine and Family Care, which offers diapers, pants, baby wipe, Bounty paper, towel and Charmin toilet paper brands. The Companys products are sold in over 180 countries and territories. P&Gs customers include mass merchandisers, grocery stores, membership club stores, drug stores, department stores, salons distributors, e-commerce and stores.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.