Truist Financial analyst Bill Chappell maintains $Procter & Gamble (PG.US)$ with a buy rating, and sets the target price at $180.
According to TipRanks data, the analyst has a success rate of 53.4% and a total average return of 4.7% 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 key discussion post P&G's first quarter, which showcased organic sales growth that was expected but modest, along with a minor EPS increase due to factors below the profit line, centers on the sustainable level of the company's organic growth. With 'solid execution' and anticipated easier comparisons, especially in markets like China and the Middle East, there is a belief that organic sales growth is poised to recover.
Procter & Gamble is demonstrating strong performance in the U.S., Europe, and 'enterprise' markets, primarily in Latin America, which combined account for the majority of its sales and likely profits. However, adjustments have been made to the Q2 estimates to reflect additional risks associated with the China market, according to an analyst following the company's earnings release.
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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