Brokerage Firm Rating on Procter & Gamble Company (The) (PG)

Procter & Gamble Company (The) (PG) : The consensus on Procter & Gamble Company (The) (PG) based on 18 analyst recommendation on the company stock is 2, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 10 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 5 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock. 1 analyst also believes that the downside risk to the stock is higher and suggests a Sell on Procter & Gamble Company (The) (PG).

Procter & Gamble Company (The) (PG) : The highest short term price target forecast on Procter & Gamble Company (The) (PG) is $98 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 $88.93 with a standard deviation of $9.24.


For the current week, the company shares have a recommendation consensus of Buy. Procter & Gamble Company (The) (NYSE:PG): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $86.70 and $86.40 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $87.00. The buying momentum continued till the end and the stock did not give up its gains. It closed at $86.73, notching a gain of 0.49% for the day. The total traded volume was 7,387,106 . The stock had closed at $86.31 on the previous day.

In a related news, Pritchard Marc S., officer (Chief Brand Officer) of Procter & Gamble Co, unloaded 89,098 shares at an average price of $85.63 on August 3, 2016. The total amount of the transaction was worth $7,629,462, according to the disclosed information 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.

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