Weekly Analysts’ Ratings Updates for Procter & Gamble (PG)

Procter & Gamble (NYSE: PG) has recently received a number of price target changes and ratings updates:

  • 2/1/2018 – Procter & Gamble was upgraded by analysts at Vetr from a “buy” rating to a “strong-buy” rating. They now have a $96.92 price target on the stock.
  • 1/25/2018 – Procter & Gamble had its price target raised by analysts at Morgan Stanley from $90.00 to $92.00. They now have an “equal weight” rating on the stock.
  • 1/24/2018 – Procter & Gamble had its price target raised by analysts at JPMorgan Chase & Co. from $90.00 to $98.00. They now have a “neutral” rating on the stock.
  • 1/24/2018 – Procter & Gamble had its price target raised by analysts at Stifel Nicolaus from $87.00 to $88.00. They now have a “hold” rating on the stock.
  • 1/23/2018 – Procter & Gamble had its “hold” rating reaffirmed by analysts at SunTrust Banks, Inc.. They now have a $90.00 price target on the stock.
  • 1/16/2018 – Procter & Gamble was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $100.00 price target on the stock. According to Zacks, “P&G is known for its strong brand recognition, diversified portfolio, impressive product development capabilities and marketing prowess as well as strong cash flow productivity. The company is investing in its brands and products as well as redesigning the supply chain to improve productivity and organic growth. P&G shares have also outperformed the industry in the last six months. Earnings estimates for fiscal 2018 and 2019 have also moved north over the last 30 days. However, slowing market growth, weak volumes and organic sales have been hurting sales. Soft consumer-spending environment in developed markets and uncertainties in emerging countries also add to the worries. That said, P&G is speeding up innovations and investments to counter the softening industry growth. Its productivity improvements and cost-saving efforts are also consistently helping to boost profit level.”
  • 1/16/2018 – Procter & Gamble was upgraded by analysts at Goldman Sachs Group Inc from a “sell” rating to a “neutral” rating. They now have a $77.00 price target on the stock.
  • 1/8/2018 – Procter & Gamble was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $102.00 price target on the stock. According to Zacks, “P&G is known for its strong brand recognition, diversified portfolio, impressive product development capabilities and marketing prowess as well as strong cash flow productivity. The company is investing in its brands and products as well as redesigning the supply chain to improve productivity and organic growth. P&G shares have also outperformed the industry in the last six months. Earnings estimates for fiscal 2018 and 2019 have also moved north over the last 30 days. However, slowing market growth, weak volumes and organic sales have been hurting sales. Soft consumer-spending environment in developed markets and uncertainties in emerging countries also add to the worries. That said, P&G is speeding up innovations and investments to counter the softening industry growth. Its productivity improvements and cost-saving efforts are also consistently helping to boost profit level.”
  • 1/4/2018 – Procter & Gamble was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “P&G is known for its strong brand recognition, diversified portfolio, impressive product development capabilities and marketing prowess as well as strong cash flow productivity. The company is investing in its brands and products as well as redesigning the supply chain to improve productivity and organic growth. However, slowing market growth, weak volumes and organic sales have been hurting sales. P&G shares have also underperformed its industry in the last one year. Soft consumer-spending environment in developed markets and uncertainties in emerging countries also add to the worries. That said, P&G is speeding up innovations and investments to counter the softening industry growth. Its productivity improvements and cost-saving efforts are also consistently helping to boost profit level.”
  • 12/19/2017 – Procter & Gamble is now covered by analysts at Deutsche Bank AG. They set a “buy” rating and a $91.88 price target on the stock.
  • 12/18/2017 – Procter & Gamble had its “buy” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $99.00 price target on the stock.
  • 12/17/2017 – Procter & Gamble had its “hold” rating reaffirmed by analysts at Wells Fargo & Co. They now have a $88.00 price target on the stock. They wrote, “We also hope it pressures PG to break down its insular culture, which we would view positively. We expect shares to initially trade higher on the news, and expect a “Peltz benefit” will continue to be priced into shares, which should limit downside risk. That said, we also recognize that Peltz is only one voice on the Board and believe for shares to move higher from here, it will take evidence of improved fundamental execution (which we continue to believe could take some time). Bottom Line – PG’s execution remains choppy and category deceleration is becoming more concerning especially in the U.S. We would like to see more top-line improvement and sustained market share gains before becoming more constructive on the stock, especially with shares trading at 21.3x CY18E EPS. We maintain our Market Perform rating.””

Shares of Procter & Gamble Co (NYSE:PG) opened at $79.92 on Monday. The company has a market capitalization of $201,478.55, a P/E ratio of 21.37, a PEG ratio of 2.49 and a beta of 0.51. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.79 and a current ratio of 0.94. Procter & Gamble Co has a 52 week low of $78.59 and a 52 week high of $94.67.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings results on Tuesday, January 23rd. The company reported $1.19 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.14 by $0.05. The business had revenue of $17.40 billion for the quarter, compared to analyst estimates of $17.39 billion. Procter & Gamble had a return on equity of 20.66% and a net margin of 15.34%. The company’s quarterly revenue was up 3.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.08 EPS. research analysts expect that Procter & Gamble Co will post 4.2 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 15th. Investors of record on Friday, January 19th will be given a dividend of $0.6896 per share. The ex-dividend date is Thursday, January 18th. This represents a $2.76 annualized dividend and a dividend yield of 3.45%. Procter & Gamble’s dividend payout ratio is currently 73.80%.

In related news, insider Ioannis Skoufalos sold 2,880 shares of Procter & Gamble stock in a transaction that occurred on Friday, November 17th. The stock was sold at an average price of $88.75, for a total transaction of $255,600.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Deborah P. Majoras sold 4,591 shares of Procter & Gamble stock in a transaction that occurred on Friday, January 26th. The stock was sold at an average price of $87.48, for a total value of $401,620.68. The disclosure for this sale can be found here. Insiders have sold a total of 70,681 shares of company stock valued at $6,266,735 over the last 90 days. Insiders own 0.35% of the company’s stock.

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.

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