On Oct 22, major Wall Street analysts update their ratings for $Procter & Gamble (PG.US)$, with price targets ranging from $180 to $191.
Morgan Stanley analyst Dara Mohsenian maintains with a buy rating, and adjusts the target price from $174 to $191.
BofA Securities analyst Bryan Spillane maintains with a buy rating, and maintains the target price at $185.
Citi analyst Filippo Falorni maintains with a buy rating.
Evercore analyst Robert Ottenstein maintains with a buy rating, and adjusts the target price from $180 to $183.
TD Cowen analyst Robert Moskow maintains with a buy rating, and maintains the target price at $189.
Furthermore, according to the comprehensive report, the opinions of $Procter & Gamble (PG.US)$'s main analysts recently are as follows:
The prevailing discussion post-Procter & Gamble's first quarter results, which aligned closely with expectations and featured moderate organic sales growth with a slight earnings per share advantage stemming from factors below the profit line, revolves around the sustainable level of the company's organic growth. Highlighting 'solid execution' and anticipating more favorable comparisons, especially in regions such as China and the Middle East, the expectation is for a revival in organic sales growth.
Procter & Gamble is achieving impressive comparable performance in the U.S., Europe, and key markets in Latin America, which collectively account for approximately 85% of its sales and presumably a similar share of profits. Nevertheless, adjustments have been made to the company's Q2 estimates to reflect additional risks associated with the Chinese market, as mentioned by an analyst in a post-earnings discussion.
Here are the latest investment ratings and price targets for $Procter & Gamble (PG.US)$ from 8 analysts:
Note:
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