Procter & Gamble Co. (NYSE:PG) has been assigned a $93.00 target price by analysts at Jefferies Group in a research report issued on Monday. The brokerage currently has a “buy” rating on the stock. Jefferies Group’s target price would suggest a potential upside of 12.37% from the company’s current price.

Several other analysts also recently commented on the company. Zacks Investment Research raised Procter & Gamble Co. from a “sell” rating to a “hold” rating in a research note on Tuesday, July 26th. JPMorgan Chase & Co. set a $99.00 price objective on Procter & Gamble Co. and gave the stock a “buy” rating in a research note on Wednesday, August 3rd. Citigroup Inc. raised their price objective on Procter & Gamble Co. from $92.00 to $98.00 and gave the stock a “buy” rating in a research note on Thursday, August 4th. Vetr downgraded Procter & Gamble Co. from a “buy” rating to a “hold” rating and set a $92.75 price objective on the stock. in a research note on Monday, October 10th. Finally, Bank of America Corp. set a $95.00 price objective on Procter & Gamble Co. and gave the stock a “buy” rating in a research note on Wednesday, August 10th. Eleven research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $90.81.

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

Procter & Gamble Co. (NYSE:PG) opened at 82.76 on Monday. The firm has a 50-day moving average price of $86.11 and a 200-day moving average price of $85.40. The stock has a market cap of $221.47 billion, a P/E ratio of 22.08 and a beta of 0.62. Procter & Gamble Co. has a 52 week low of $74.46 and a 52 week high of $90.33.

Procter & Gamble Co. (NYSE:PG) last posted its quarterly earnings results on Tuesday, October 25th. The company reported $1.03 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.98 by $0.05. Procter & Gamble Co. had a return on equity of 17.95% and a net margin of 16.27%. The business had revenue of $16.50 billion for the quarter, compared to analyst estimates of $16.49 billion. During the same period last year, the company earned $0.98 EPS. The firm’s revenue was down .1% on a year-over-year basis. On average, equities research analysts predict that Procter & Gamble Co. will post $3.89 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, November 15th. Stockholders of record on Friday, October 21st were given a $0.6695 dividend. The ex-dividend date of this dividend was Wednesday, October 19th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 3.24%. Procter & Gamble Co.’s payout ratio is 71.66%.

In other Procter & Gamble Co. news, insider Price Matthew sold 3,081 shares of the business’s stock in a transaction that occurred on Wednesday, November 2nd. The shares were sold at an average price of $86.90, for a total transaction of $267,738.90. Following the completion of the transaction, the insider now directly owns 14,962 shares in the company, valued at $1,300,197.80. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Ciserani Giovanni sold 20,000 shares of the business’s stock in a transaction that occurred on Thursday, September 8th. The shares were sold at an average price of $88.00, for a total transaction of $1,760,000.00. Following the transaction, the insider now owns 65,053 shares of the company’s stock, valued at $5,724,664. The disclosure for this sale can be found here. 0.35% of the stock is currently owned by insiders.

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. American National Bank increased its position in shares of Procter & Gamble Co. by 225.8% in the third quarter. American National Bank now owns 1,137 shares of the company’s stock valued at $102,000 after buying an additional 788 shares in the last quarter. Americafirst Capital Management LLC purchased a new position in shares of Procter & Gamble Co. during the second quarter valued at approximately $112,000. Signature Estate & Investment Advisors LLC purchased a new position in shares of Procter & Gamble Co. during the second quarter valued at approximately $122,000. Davidson Investment Advisors increased its position in shares of Procter & Gamble Co. by 9.0% in the third quarter. Davidson Investment Advisors now owns 1,395 shares of the company’s stock valued at $125,000 after buying an additional 115 shares in the last quarter. Finally, Global X Management Co. LLC increased its position in shares of Procter & Gamble Co. by 259.5% in the second quarter. Global X Management Co. LLC now owns 1,517 shares of the company’s stock valued at $128,000 after buying an additional 1,095 shares in the last quarter. Institutional investors and hedge funds own 59.51% of the company’s stock.

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About Procter & Gamble Co.

The Procter & Gamble Company is focused on providing branded consumer packaged goods to the consumers across the world. The Company operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care, and Baby, Feminine & Family Care. The Company sells its products in approximately 180 countries and territories primarily through mass merchandisers, grocery stores, membership club stores, drug stores, department stores, distributors, baby stores, specialty beauty stores, e-commerce, high-frequency stores and pharmacies.

5 Day Chart for NYSE:PG

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