Procter & Gamble's Options Frenzy: What You Need to Know
Portfolio Pulse from Benzinga Insights
Investors have taken a bearish stance on Procter & Gamble (NYSE:PG) with significant options trades detected. The sentiment is split with 28% bullish and 35% bearish. Analysts have mixed ratings with price targets ranging from $161 to $189. PG's stock is currently down by 2.48% at $166.31.
August 12, 2024 | 6:15 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Investors have taken a bearish stance on Procter & Gamble (NYSE:PG) with significant options trades detected. The sentiment is split with 28% bullish and 35% bearish. Analysts have mixed ratings with price targets ranging from $161 to $189. PG's stock is currently down by 2.48% at $166.31.
The detection of significant bearish options trades suggests that investors are expecting a decline in PG's stock price. The mixed analyst ratings and the current stock price drop of 2.48% further support a short-term negative outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100