This Is What Whales Are Betting On Procter & Gamble
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bearish stance on Procter & Gamble (NYSE:PG), with 70% of recent trades being bearish. The targeted price range for the company over the last three months has been $140.0 to $180.0. The current price of PG is down -1.79% at $147.12. Analysts from Stifel, DZ Bank, Bernstein, and Wells Fargo have maintained their ratings on the company, with price targets ranging from $151 to $162.
October 27, 2023 | 6:16 pm
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A significant investor has taken a bearish stance on Procter & Gamble, with 70% of recent trades being bearish. Analysts have maintained their ratings on the company, with price targets ranging from $151 to $162.
The bearish stance taken by a significant investor, combined with the current downward trend in the company's stock price, could potentially lead to a short-term decrease in the stock price. However, the maintained ratings and price targets from analysts suggest that the company's fundamentals remain strong.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100