Deutsche Bank Maintains Procter & Gamble Co to Buy with Price Target $95.00

Brokerage firm Deutsche Bank Maintains its rating on Procter & Gamble Co(NYSE:PG). In a research note issued to the investors, the brokerage major Raises the price-target to $95.00 per share. The shares have been rated Buy. The rating by Deutsche Bank was issued on Aug 3, 2016.

In a different note, On Aug 3, 2016, Stifel Nicolaus said it Maintains its rating on Procter & Gamble Co. In the research note, the firm Raises the price-target to $92.00 per share. The shares have been rated ‘Buy’ by the firm. On Jul 20, 2016, Deutsche Bank said it Maintains its rating on Procter & Gamble Co. In the research note, the firm Raises the price-target to $85.00 per share. The shares have been rated ‘Buy’ by the firm. On Jul 14, 2016, UBS said it Upgrades its rating on Procter & Gamble Co. In the research note, the firm Raises the price-target to $85.00 per share. The shares have been rated ‘Buy’ by the firm. Jefferies said it Initiates Coverage on Procter & Gamble Co, according to a research note issued on Jun 15, 2016. The shares have been rated ‘Buy’ by the firm.

Procter & Gamble Co (PG) made into the market gainers list on Fridays trading session with the shares advancing 0.36% or 0.31 points. Due to strong positive momentum, the stock ended at $87.04, which is also near the day’s high of $87.45. The stock began the session at $86.92 and the volume stood at 80,63,375 shares. The 52-week high of the shares is $87.45 and the 52 week low is $65.02. The company has a current market capitalization of $232,288 M and it has 2,66,87,51,100 shares in outstanding.

Procter & Gamble Co(PG) last announced its earnings results on Aug 2, 2016 for Fiscal Year 2016 and Q4.Company reported revenue of $16.10B. Analysts had an estimated revenue of $15.85B. Earnings per share were $0.79. Analysts had estimated an EPS of $0.74.

Several Insider Transactions has been reported to the SEC. On Jun 3, 2016, Gary A Coombe (President-Europe SMO) sold 1,529 shares at $82.36 per share price.Also, On May 31, 2016, Carolyn M Tastad (Group President – NA SMO) sold 1,881 shares at $81.40 per share price.On May 19, 2016, Patrice Louvet (Group President, Global Beauty) sold 8,385 shares at $79.60 per share price, according to the Form-4 filing with the securities and exchange commission.

The Procter & Gamble Company (P&G) provides consumer packaged goods. The Company operates in five segments under GBUs: Beauty which offers a range of products ranging from deodorants to cosmetics to skin care; Grooming which includes blades razors and electronic hair removal devices such as electric razors and epilators; Health Care which includes oral care and personal health care products.; Fabric Care and Home Care which consists of a range of fabric care products home care products and batteries and Baby Feminine and Family Care which offers diapers pants baby wipe Bounty paper towel and Charmin toilet paper brands. The Company’s products are sold in over 180 countries and territories. P&G’s customers include mass merchandisers grocery stores membership club stores drug stores department stores salons distributors e-commerce and stores.

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