Analysts Coverage Change:
Yesterday Analysts adjusted the following targets for Procter & Gamble Company:
- Morgan Stanley & Co. maintained an “Overweight” rating and raised the target price to $174 from $160.
- J.P. Morgan Chase & Co. reiterated their “Buy” rating and set a target price of $168.
- Deutsche Bank maintained a “Buy” rating and raised the target price to $170 from $160.
- UBS maintained a “Buy” rating and raised the target price to $180 from $170.
- Evercore ISI maintained an “Outperform” rating and raised the target price from to $170 from $160.
- Berenberg Bank set the target price at $142.
- Raymond James reiterated their “Outperform” rating and raised the target price to $175 from $170.
- Truist Financial reiterated their “Buy” rating and raised the target price to $165 from $160.
- RBC maintained a “Sector Perform” rating and raised the target price to $165 from $160.
- Jefferies & Company maintained a “Buy” rating and raised the target price to $175 from $171.
PG Stock Forecast & Analysis
Procter & Gamble Company The average analyst target price for the company over the next 12 months is USD 160.44, based on the opinions of 22 analysts. This means that the analysts believe that the stock price will increase from its current level over the next year.
The statement also highlights that the average analyst rating for the company is “Strong Buy.” This rating suggests that analysts have a positive outlook for the company’s future performance and believe that it is a good investment opportunity.
In addition to the analyst opinions, Stock Target Advisor has conducted its own analysis of Procter & Gamble Company’s stock and has rated it as “Bullish.” This rating is based on 10 positive signals and 3 negative signals, indicating that the overall sentiment for the stock is positive.
As of the last closing, Procter & Gamble Company’s stock price was USD 156.35. This represents an increase of +3.51% over the past week and +6.56% over the past month, indicating that the stock has been performing well in the short term. However, over the last year, the stock price has decreased by -3.04%, indicating that the company has faced challenges or underperformed over the long term.
