A Closer Look at 9 Analyst Recommendations For Procter & Gamble
Portfolio Pulse from Benzinga Insights
Analysts have recently updated their ratings and price targets for Procter & Gamble (NYSE:PG), showing a mix of bullish and bearish sentiments. The average 12-month price target has been raised to $170.11, indicating a 2.71% increase from the previous target. The company's financial performance shows positive revenue growth, a high net margin, and effective asset utilization, but a below-average return on equity.
April 23, 2024 | 4:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Procter & Gamble's stock may see short-term positive movement due to the raised average price target and positive financial indicators, despite mixed analyst sentiments.
The increase in the average price target reflects a positive outlook from analysts, which can influence investor sentiment and potentially drive up the stock price. The company's strong financial performance, particularly in revenue growth and net margin, supports this positive outlook. However, the mixed sentiments and below-average ROE indicate that there may be some caution, tempering the potential upside.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100