Analyst Rating Update on Procter & Gamble Company (The) (PG)

Procter & Gamble Company (The) (PG) : 10 brokerage houses believe that Procter & Gamble Company (The) (PG) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 5 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Procter & Gamble Company (The) (PG). Zacks Investment Research suggests a Hold with a rank of 3. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 18 Wall Street Analysts endorse the stock as a Buy with a rating of 2.

Procter & Gamble Company (The) (PG) : The highest short term price target forecast on Procter & Gamble Company (The) (PG) is $96 and the lowest target price is $69. A total of 14 equity analysts are currently covering the company. The average price of all the analysts is $86.29 with a standard deviation of $8.62.

For the current week, the company shares have a recommendation consensus of Buy. Also, Equity Analysts at the Brokerage Firm, Deutsche Bank, maintains their rating on the shares of Procter & Gamble Company (The) (NYSE:PG). Deutsche Bank has a Buy rating on the shares. As per the latest research report, the brokerage house raises the price target to $92 per share from a prior target of $85. The rating by the firm was issued on July 20, 2016.


Procter & Gamble Company (The) (NYSE:PG): The stock opened at $86.51 on Wednesday but the bulls could not build on the opening and the stock topped out at $86.72 for the day. The stock traded down to $85.46 during the day, due to lack of any buying support eventually closed down at $85.97 with a loss of -0.91% for the day. The stock had closed at $86.76 on the previous day. The total traded volume was 8,188,219 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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