Berenberg Bank analyst Fulvio Cazzol maintained a Hold rating on Procter & Gamble (PG – Research Report) yesterday and set a price target of $141.00. The company’s shares closed yesterday at $141.72.
According to TipRanks, Cazzol is a 2-star analyst with an average return of 0.4% and a 50.96% success rate. Cazzol covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies, Colgate-Palmolive, and Kimberly Clark.
Procter & Gamble has an analyst consensus of Moderate Buy, with a price target consensus of $154.78, which is a 9.22% upside from current levels. In a report released on January 20, Stifel Nicolaus also maintained a Hold rating on the stock with a $147.00 price target.
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The company has a one-year high of $161.67 and a one-year low of $120.56. Currently, Procter & Gamble has an average volume of 6.72M.
Based on the recent corporate insider activity of 116 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PG in relation to earlier this year. Most recently, in November 2022, Raman Sundar G., the CEO-Fabric & Home Care of PG sold 9,922.00 shares for a total of $1,438,690.00.
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Procter & Gamble Co. manufactures and sells branded consumer packaged goods across five segments: Beauty; Grooming; Health Care; Fabric & Home Care; and Baby, Feminine & Family Care. Some of the popular brands owned by the company include Head & Shoulders, Pantene, Olay, Gillette, Oral-B, Vicks, Ariel, Tide, Pampers, Luvs and Bounty. The company was founded by William Procter and James Gamble in 1837 and is headquartered in Cincinnati, OH.
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