Procter & Gamble Company (The) (PG) Receives Price Target

Procter & Gamble Company (The) (PG) : The highest level Procter & Gamble Company (The) (PG) is projected to reach is $105 for the short term and the lowest estimate is at $69. The consolidated price target from 13 rating analysts who initiate coverage on the stock is $91.39 and the possibility the share price can swing is $9.73.

Procter & Gamble Company (The) (PG) : Zacks Investment Research ranks Procter & Gamble Company (The) (PG) as 3, which is a Hold recommendation. 9 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 4 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 16 research analysts is 2, which indicates as a Buy.


Also, Johnson Rice upgrades its view on Procter & Gamble Company (The) (NYSE:PG) according to the research report released by the firm to its investors. The shares have now been rated Buy by the stock experts at the ratings house. Earlier, the shares had a rating of Accumulate. The rating by the firm was issued on August 26, 2016.

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 $87.36 and $86.98 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $88.31. The buying momentum continued till the end and the stock did not give up its gains. It closed at $88.31, notching a gain of 1.15% for the day. The total traded volume was 29,793,308 . The stock had closed at $87.31 on the previous day.

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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