Procter & Gamble Company (The) (PG): Price Target and June Short Interest Disclosure

Procter & Gamble Company (The) (PG) : Currently there are 14 street experts covering Procter & Gamble Company (The) (PG) stock. The most bullish and bearish price target for the stock is $95 and $69 respectively for the short term. The average price target of all the analysts comes to $84.36. The estimated standard deviation from the target is $7.57.

Procter & Gamble Company (The) (PG), A drop of 994,242 shares or 4.8% was seen in the short interest of Procter & Gamble. Even as the interest dropped from 20,738,883 shares on June 15,2016 to 19,744,641 shares on June 30,2016, the days to cover came in at 2. The updated interest stood at 0.7% of the stocks floats. The stock has seen an average daily volume of 8,509,656 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.

Also, Jefferies initiates coverage on Procter & Gamble Company (The) (NYSE:PG) The brokerage firm has issued a Buy rating on the shares. The Analysts at the ratings agency announces the price target to $95 per share. The rating by the firm was issued on June 15, 2016.


Procter & Gamble Company (The) (NYSE:PG): On Thursdays trading session , Opening price of the stock was $86.44 with an intraday high of $86.89. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $85.85. However, the stock managed to close at $85.87, a loss of 0.02% for the day. On the previous day, the stock had closed at $85.89. The total traded volume of the day was 11,342,573 shares.

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.

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