BofA Securities analyst Bryan Spillane maintains $Procter & Gamble (PG.US)$ with a buy rating, and maintains the target price at $185.
According to TipRanks data, the analyst has a success rate of 59.9% and a total average return of 5.1% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Procter & Gamble (PG.US)$'s main analysts recently are as follows:
The discussion surrounding Procter & Gamble's future focuses on the sustainability of its organic growth following a first quarter that aligned with expectations, showcasing modest organic sales growth and a slight earnings per share advantage stemming from items below the profit line. Considering the company's 'solid execution' and forthcoming easier comparisons, especially in markets such as China and the Middle East, expectations are set for a rebound in organic sales growth.
Procter & Gamble has been performing exceptionally well in its major markets, including the U.S., Europe, and key Latin American territories, which cumulatively account for a significant portion of its sales and probably its profits. However, adjustments to the Q2 estimates have been made to reflect additional risks from the China market, according to an analyst in a post-earnings discussion.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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