Procter & Gamble Company (The) (PG) : Traders are bullish on Procter & Gamble Company (The) (PG) as it has outperformed the S&P 500 by a wide margin of 2.93% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.56%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.1% in the last 1 week, and is up 0.85% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 0.49% and the 50-Day Moving Average is 1.82%.The 200 Day SMA reached 8.03% The Procter & Gamble Company is up 6.75% in the last 3-month period. Year-to-Date the stock performance stands at 13.65%.
Procter & Gamble Company (The) (PG) stock is expected to deviate a maximum of $9.73 from the average target price of $91.39 for the short term period. 13 Street Experts have initiated coverage on the stock with the most promising target being $105 and the most muted being $69.
For the current week, the company shares have a recommendation consensus of Buy. Procter & Gamble Company (The) (NYSE:PG): stock was range-bound between the intraday low of $87.3 and the intraday high of $88.11 after having opened at $87.619 on Fridays session. The stock finally closed in the red at $87.619, a loss of -0.01%. The stock remained in the red for the whole trading day. The total traded volume was 23,518,263 shares. The stock failed to cross $88.11 in Fridays trading. The stocks closing price on Thursday was $88.06.
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 Companys products are sold in over 180 countries and territories. P&Gs customers include mass merchandisers, grocery stores, membership club stores, drug stores, department stores, salons distributors, e-commerce and stores.