Procter & Gamble Company (The) (PG) : The consensus on Procter & Gamble Company (The) (PG) based on 16 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, 9 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. 4 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) has been rated by 13 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $105 and the lowest price target forecast is $69. The average forecast of all the analysts is $91.39 and the expected standard deviation is $9.73.
Also, In a research note released to the investors, Johnson Rice upgrades its rating on Procter & Gamble Company (The) (NYSE:PG).The analysts at the brokerage house have a current rating of Buy on the shares. Earlier, the shares were rated a Accumulate by the brokerage firm. The rating by the firm was issued on August 26, 2016.
Procter & Gamble Company (The) (NYSE:PG): After opening at $86.75, the stock dipped to an intraday low of $86.75 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $88.27 and the buying power remained strong till the end. The stock closed at $88.06 for the day, a gain of 1.21% for the day session. The total traded volume was 13,891,454. The stocks close on the previous trading day was $87.01.
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.