RBC Capital Maintains Sector Perform Rating for Procter & Gamble: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
RBC Capital has maintained its Sector Perform rating for Procter & Gamble (NYSE:PG) and slightly raised its price target from $156.00 to $157.00. Procter & Gamble's shares are currently trading down at $153.69, and the new price target suggests a modest 2.15% potential upside. Procter & Gamble, founded in 1837, is a leading consumer product manufacturer with over $80 billion in annual sales and a portfolio of brands generating over $1 billion each in global sales.
January 24, 2024 | 5:00 pm
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RBC Capital maintains Sector Perform rating on Procter & Gamble with a slight increase in price target from $156 to $157, indicating a potential 2.15% upside from the current trading price of $153.69.
The maintenance of a Sector Perform rating by RBC Capital suggests a neutral outlook on Procter & Gamble's stock, while the slight increase in the price target could be seen as a modest positive signal, potentially leading to a small increase in investor confidence and a slight uptick in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100