This Is What Whales Are Betting On Procter & Gamble
Portfolio Pulse from Benzinga Insights
Whale investors have shown a mixed sentiment on Procter & Gamble (NYSE:PG), with options trading indicating both bullish and bearish positions. Benzinga's options scanner revealed 10 significant trades, split evenly between bullish and bearish, focusing on a price window of $90.0 to $165.0. The current market analysis shows PG's stock slightly down by -0.47% at $156.68, with analysts giving mixed ratings but generally leaning towards a positive outlook with target prices ranging up to $175.
February 12, 2024 | 8:30 pm
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NEUTRAL IMPACT
Whale investors' mixed sentiment and significant options trading activity on Procter & Gamble indicate potential volatility. Analysts' optimistic target prices suggest a positive outlook.
The mixed sentiment among whale investors, with an equal split between bullish and bearish options trades, suggests uncertainty and potential short-term volatility in PG's stock price. However, the generally positive analyst ratings and target prices, with some targets as high as $175, indicate a positive medium to long-term outlook. The current slight downturn in stock price could present a buying opportunity if the market aligns with analysts' expectations.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100