Procter & Gamble Company (The) (NYSE:PG)‘s stock had its “buy” rating reissued by Jefferies Group LLC in a research report issued on Thursday. They presently have a $103.00 price target on the stock. Jefferies Group LLC’s target price would suggest a potential upside of 10.79% from the stock’s current price.

A number of other equities analysts have also recently issued reports on the stock. Vetr upgraded shares of Procter & Gamble Company (The) from a “buy” rating to a “strong-buy” rating and set a $96.50 price objective for the company in a research note on Thursday, May 18th. Capital One Financial Corporation cut shares of Procter & Gamble Company (The) from an “overweight” rating to an “equal weight” rating and dropped their price objective for the company from $5.00 to $2.00 in a research note on Thursday, June 22nd. Royal Bank Of Canada restated a “hold” rating and issued a $80.00 price objective on shares of Procter & Gamble Company (The) in a research note on Friday, June 30th. Zacks Investment Research cut shares of Procter & Gamble Company (The) from a “buy” rating to a “hold” rating in a research note on Friday, July 7th. Finally, BidaskClub cut shares of Procter & Gamble Company (The) from a “hold” rating to a “sell” rating in a research note on Wednesday, July 12th. Three research analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $88.10.

Procter & Gamble Company (NYSE:PG) traded up 0.27% during midday trading on Thursday, reaching $92.97. 7,735,387 shares of the company traded hands. The stock has a market capitalization of $237.07 billion, a price-to-earnings ratio of 16.62 and a beta of 0.68. Procter & Gamble Company has a 12 month low of $81.18 and a 12 month high of $93.36. The firm has a 50 day moving average of $91.45 and a 200-day moving average of $89.49.

Procter & Gamble Company (The) (NYSE:PG) last issued its quarterly earnings results on Thursday, July 27th. The company reported $0.85 earnings per share for the quarter, beating analysts’ consensus estimates of $0.78 by $0.07. Procter & Gamble Company (The) had a net margin of 23.56% and a return on equity of 19.97%. The firm had revenue of $16.08 billion during the quarter, compared to the consensus estimate of $16.01 billion. During the same period in the prior year, the firm earned $0.79 EPS. The business’s revenue was down .1% on a year-over-year basis. Analysts forecast that Procter & Gamble Company will post $4.17 EPS for the current fiscal year.

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In other Procter & Gamble Company (The) news, CEO David S. Taylor sold 6,382 shares of the firm’s stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of $92.04, for a total transaction of $587,399.28. Following the sale, the chief executive officer now directly owns 134,884 shares in the company, valued at approximately $12,414,723.36. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Suranjan Magesvaran sold 10,512 shares of the firm’s stock in a transaction that occurred on Monday, July 31st. The stock was sold at an average price of $91.00, for a total transaction of $956,592.00. The disclosure for this sale can be found here. Insiders sold a total of 45,792 shares of company stock worth $4,216,070 in the last ninety days. Insiders own 0.35% of the company’s stock.

A number of hedge funds have recently made changes to their positions in the business. Asset Planning Services Ltd. raised its holdings in Procter & Gamble Company (The) by 0.4% during the 2nd quarter. Asset Planning Services Ltd. now owns 1,191 shares of the company’s stock worth $104,000 after buying an additional 5 shares during the period. Northwest Wealth Management LLC raised its holdings in Procter & Gamble Company (The) by 0.3% during the 2nd quarter. Northwest Wealth Management LLC now owns 2,556 shares of the company’s stock worth $223,000 after buying an additional 8 shares during the period. Winfield Associates Inc. raised its holdings in Procter & Gamble Company (The) by 0.7% during the 2nd quarter. Winfield Associates Inc. now owns 2,260 shares of the company’s stock worth $197,000 after buying an additional 15 shares during the period. Cascade Investment Advisors Inc. raised its holdings in Procter & Gamble Company (The) by 0.5% during the 2nd quarter. Cascade Investment Advisors Inc. now owns 3,395 shares of the company’s stock worth $296,000 after buying an additional 17 shares during the period. Finally, RB Capital Management LLC raised its holdings in Procter & Gamble Company (The) by 0.3% during the 1st quarter. RB Capital Management LLC now owns 7,294 shares of the company’s stock worth $655,000 after buying an additional 20 shares during the period. Hedge funds and other institutional investors own 59.33% of the company’s stock.

Procter & Gamble Company (The) 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.

Analyst Recommendations for Procter & Gamble Company (The) (NYSE:PG)

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