Argus upgraded Procter & Gamble (NYSE:PG) from Hold to Buy in a statement released earlier today.
- Updated: October 11, 2016
Argus has upgraded Procter & Gamble (NYSE:PG) from Hold to Buy in a report released on 10/12/2016.
Previously on 10/10/2016, Vetr Inc. released a statement about Procter & Gamble (NYSE:PG) raised the target price from $0.00 to $92.75 that suggested an upside of 0.03%.
Having a price of $88.54, Procter & Gamble (NYSE:PG) traded -0.58% lower on the day. With the last stock price close up 4.61% from the 200-day moving average, compared to the S&P 500 Index which has decreased -0.01% over the same time period. PG has recorded a 50-day moving average of $88.19 and a two hundred day average of $84.64. Trading volume was down over the average, with 11,723,100 shares of PG changing hands under the typical 20,785,700
Procter & Gamble has a price-earnings ratio of 23.97 with a 52 week low of $73.50 and a 52 week high of $90.33 PG’s total market value is presently $0.
A total of 20 equity analysts have released a research note on PG. Five analysts rating the company a strong buy, five analysts rating the company a buy, 11 brokerages rating the stock a hold, 3 firms rating the stock a underperform, and finally 0 brokers rating the company a sell with a one year target of $83.65.
General Company Details For Procter & Gamble (NYSE:PG)
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. The Company owns and operates approximately 20 manufacturing sites located in over 20 states in the United States. In addition, it owns and operates over 100 manufacturing sites in approximately 40 countries. It offers products under the brands, such as Olay, Old Spice, Safeguard, Head & Shoulders, Pantene, Rejoice, Mach3, Prestobarba, Venus, Cascade, Dawn, Febreze, Mr. Clean, Bounty and Charmin.
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