Procter & Gamble Co. (NYSE:PG) was downgraded by investment analysts at Vetr from a “buy” rating to a “hold” rating in a research report issued on Monday. They currently have a $92.75 target price on the stock. Vetr‘s price objective indicates a potential upside of 3.06% from the stock’s previous close.

PG has been the topic of a number of other reports. Zacks Investment Research upgraded Procter & Gamble Co. from a “sell” rating to a “hold” rating in a research report on Tuesday, July 26th. JPMorgan Chase & Co. set a $99.00 price objective on Procter & Gamble Co. and gave the company a “buy” rating in a research report on Wednesday, August 3rd. Jefferies Group restated a “buy” rating and set a $98.00 price objective on shares of Procter & Gamble Co. in a research report on Thursday, August 4th. Citigroup Inc. upped their price target on Procter & Gamble Co. from $92.00 to $98.00 and gave the company a “buy” rating in a research report on Thursday, August 4th. Finally, Bank of America Corp. set a $95.00 price target on Procter & Gamble Co. and gave the company a “buy” rating in a research report on Wednesday, August 10th. Eleven analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. Procter & Gamble Co. has an average rating of “Buy” and an average price target of $89.49.

Analyst Recommendations for Procter & Gamble Co. (NYSE:PG)

Shares of Procter & Gamble Co. (NYSE:PG) opened at 90.00 on Monday. Procter & Gamble Co. has a 52 week low of $73.50 and a 52 week high of $90.22. The company has a market capitalization of $240.19 billion, a PE ratio of 24.36 and a beta of 0.54. The company’s 50 day moving average is $88.09 and its 200-day moving average is $84.54.

Procter & Gamble Co. (NYSE:PG) last released its quarterly earnings data on Tuesday, August 2nd. The company reported $0.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.74 by $0.05. The business had revenue of $16.10 billion for the quarter, compared to analysts’ expectations of $15.83 billion. Procter & Gamble Co. had a return on equity of 17.48% and a net margin of 16.09%. Procter & Gamble Co.’s quarterly revenue was down 2.7% on a year-over-year basis. During the same period in the previous year, the business posted $1.00 earnings per share. On average, analysts expect that Procter & Gamble Co. will post $0.02 EPS for the current fiscal year.

In other Procter & Gamble Co. news, insider Charles E. Pierce sold 55,127 shares of the stock in a transaction dated Friday, August 5th. The stock was sold at an average price of $86.07, for a total value of $4,744,780.89. Following the completion of the sale, the insider now directly owns 60,632 shares in the company, valued at $5,218,596.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Ciserani Giovanni sold 25,166 shares of the stock in a transaction dated Wednesday, August 3rd. The stock was sold at an average price of $86.26, for a total value of $2,170,819.16. Following the completion of the sale, the insider now owns 15,776 shares of the company’s stock, valued at $1,360,837.76. The disclosure for this sale can be found here. 0.35% of the stock is owned by company insiders.

Large investors have recently made changes to their positions in the company. BlackRock Fund Advisors increased its stake in shares of Procter & Gamble Co. by 0.7% in the first quarter. BlackRock Fund Advisors now owns 35,929,242 shares of the company’s stock valued at $2,957,336,000 after buying an additional 265,762 shares during the period. Ngam Advisors L.P. increased its position in Procter & Gamble Co. by 5.2% in the first quarter. Ngam Advisors L.P. now owns 598,608 shares of the company’s stock worth $49,271,000 after buying an additional 29,768 shares during the last quarter. First Financial Bank N.A. Trust Division increased its position in Procter & Gamble Co. by 3.5% in the second quarter. First Financial Bank N.A. Trust Division now owns 343,217 shares of the company’s stock worth $29,060,000 after buying an additional 11,650 shares during the last quarter. Marathon Asset Management LLP increased its position in Procter & Gamble Co. by 1.9% in the second quarter. Marathon Asset Management LLP now owns 2,051,718 shares of the company’s stock worth $173,719,000 after buying an additional 38,942 shares during the last quarter. Finally, Prudential Financial Inc. increased its position in Procter & Gamble Co. by 2.2% in the first quarter. Prudential Financial Inc. now owns 6,665,314 shares of the company’s stock worth $548,622,000 after buying an additional 145,882 shares during the last quarter. Institutional investors own 58.73% of the company’s stock.

Procter & Gamble Co. Company Profile

The Procter & Gamble Company (P&G) provides consumer packaged goods. The Company operates in five segments under GBUs: Beauty, which offers a range of products ranging from deodorants to cosmetics to skin care; Grooming, which includes blades, razors and electronic hair removal devices, such as electric razors and epilators; Health Care, which includes oral care and personal health care products.; Fabric Care and Home Care, which consists of a range of fabric care products, home care products and batteries, and Baby Feminine and Family Care, which offers diapers, pants, baby wipe, Bounty paper, towel and Charmin toilet paper brands.

5 Day Chart for NYSE:PG

Receive News & Stock Ratings for Procter & Gamble Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Procter & Gamble Co. and related stocks with our FREE daily email newsletter.