The Procter & Gamble Co (PG) Receives $91.84 Average PT from Brokerages

The Procter & Gamble Co (PG) Receives $91.84 Average PT from Brokerages

A number of equities analysts have recently commented on the stock. Barclays PLC set a $93.00 price target on shares of Procter & Gamble Co and gave the stock a “hold” rating in a report on Saturday, February 18th. B. Riley cut shares of Procter & Gamble Co to a “neutral” rating and set a $91.00 price objective for the company. in a research note on Saturday, March 11th. Stifel Nicolaus cut their price objective on shares of Procter & Gamble Co from $88.00 to $87.00 and set a “hold” rating for the company in a research note on Thursday, April 27th. Zacks Investment Research raised shares of Procter & Gamble Co from a “sell” rating to a “hold” rating in a research note on Wednesday, March 29th. Finally, Jefferies Group LLC reaffirmed a “buy” rating and issued a $103.00 price objective (up previously from $101.00) on shares of Procter & Gamble Co in a research note on Tuesday, April 18th.

Procter & Gamble Co (NYSE:PG) has earned an average rating of “Hold” from the eighteen analysts that are covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, nine have given a hold recommendation, six have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year target price among analysts that have covered the stock in the last year is $92.54.

In related news, insider Steven D. Bishop sold 2,668 shares of the firm’s stock in a transaction that occurred on Monday, May 1st. The shares were sold at an average price of $87.34, for a total value of $233,023.12. Following the transaction, the insider now owns 43,608 shares of the company’s stock, valued at $3,808,722.72. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Ioannis Skoufalos sold 3,879 shares of Procter & Gamble Co stock in a transaction that occurred on Monday, May 22nd. The shares were sold at an average price of $86.17, for a total transaction of $334,253.43. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 199,891 shares of company stock worth $17,276,637. Insiders own 0.35% of the company’s stock. A number of institutional investors have recently modified their holdings of the stock. Baltimore Washington Financial Advisors Inc. purchased a new position in shares of Procter & Gamble Co during the fourth quarter valued at $8,515,000. AllSquare Wealth Management LLC increased its position in shares of Procter & Gamble Co by 9.7% in the first quarter. AllSquare Wealth Management LLC now owns 1,133 shares of the company’s stock valued at $102,000 after buying an additional 100 shares in the last quarter. Asset Planning Services Ltd. increased its position in shares of Procter & Gamble Co by 79.7% in the first quarter. Asset Planning Services Ltd. now owns 1,186 shares of the company’s stock valued at $107,000 after buying an additional 526 shares in the last quarter. Empirical Finance LLC purchased a new position in shares of Procter & Gamble Co during the fourth quarter valued at $101,000. Finally, Kernodle & Katon Asset Management Group LLC increased its position in shares of Procter & Gamble Co by 5.1% in the first quarter. Kernodle & Katon Asset Management Group LLC now owns 1,232 shares of the company’s stock valued at $111,000 after buying an additional 60 shares in the last quarter. 68.33% of the stock is currently owned by institutional investors and hedge funds.

Shares of Procter & Gamble Co (NYSE PG) opened at 88.59 on Monday. Procter & Gamble Co has a 52-week low of $80.95 and a 52-week high of $92.00. The company has a market cap of $226.58 billion, a PE ratio of 16.29 and a beta of 0.64. The company has a 50 day moving average of $87.40 and a 200-day moving average of $87.26. Procter & Gamble Co (NYSE:PG) last issued its quarterly earnings results on Wednesday, April 26th. The company reported $0.96 EPS for the quarter, topping the Zacks’ consensus estimate of $0.94 by $0.02. The firm had revenue of $15.61 billion for the quarter, compared to analyst estimates of $15.70 billion. Procter & Gamble Co had a net margin of 23.44% and a return on equity of 18.58%. The business’s revenue for the quarter was down 1.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.86 EPS. Analysts forecast that Procter & Gamble Co will post $3.85 EPS for the current fiscal year.

Procter & Gamble Co Company Profile The Procter & Gamble Company is focused on providing branded consumer packaged goods to the consumers across the world. The Company operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care, and Baby, Feminine & Family Care. The Company sells its products in approximately 180 countries and territories primarily through mass merchandisers, grocery stores, membership club stores, drug stores, department stores, distributors, baby stores, specialty beauty stores, e-commerce, high-frequency stores and pharmacies.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “PG”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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