Procter & Gamble (NYSE:PG) Price Target Cut to $170.00 by Analysts at Citigroup

Procter & Gamble (NYSE:PG) had its price objective decreased by equities researchers at Citigroup from $181.00 to $170.00 in a research note issued to investors on Thursday,Benzinga reports. The firm presently has a “buy” rating on the stock. Citigroup’s price target points to a potential upside of 18.80% from the stock’s previous close.

A number of other research analysts have also commented on the company. Jefferies Financial Group increased their price objective on Procter & Gamble from $177.00 to $179.00 and gave the company a “buy” rating in a research report on Friday, June 26th. Evercore set a $162.00 target price on shares of Procter & Gamble in a research report on Monday, April 27th. Sanford C. Bernstein assumed coverage on shares of Procter & Gamble in a research note on Thursday, June 11th. They set a “market perform” rating and a $156.00 target price for the company. Weiss Ratings reissued a “hold (c)” rating on shares of Procter & Gamble in a report on Wednesday, June 24th. Finally, Wells Fargo & Company raised their price target on shares of Procter & Gamble from $158.00 to $164.00 and gave the stock an “overweight” rating in a research report on Monday, April 27th. Thirteen research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $161.52.

Procter & Gamble Stock Performance

Shares of Procter & Gamble stock traded down $3.00 during trading on Thursday, reaching $143.10. The company’s stock had a trading volume of 5,978,114 shares, compared to its average volume of 10,022,889. Procter & Gamble has a one year low of $137.62 and a one year high of $167.25. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.53 and a current ratio of 0.73. The firm has a market cap of $333.22 billion, a price-to-earnings ratio of 20.91, a price-to-earnings-growth ratio of 7.41 and a beta of 0.39. The business’s fifty day moving average price is $147.70 and its 200-day moving average price is $148.94.

Procter & Gamble (NYSE:PG) last announced its earnings results on Wednesday, July 29th. The company reported $1.43 earnings per share for the quarter, beating the consensus estimate of $1.41 by $0.02. The firm had revenue of $21.20 billion during the quarter, compared to the consensus estimate of $21.38 billion. Procter & Gamble had a return on equity of 32.00% and a net margin of 19.16%.The firm’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.48 EPS. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS. As a group, equities research analysts predict that Procter & Gamble will post 6.88 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Brighton Jones LLC grew its stake in shares of Procter & Gamble by 51.5% in the 4th quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock valued at $6,717,000 after purchasing an additional 13,617 shares during the period. Taylor Financial Group Inc. boosted its stake in Procter & Gamble by 10.6% in the 1st quarter. Taylor Financial Group Inc. now owns 2,891 shares of the company’s stock valued at $493,000 after buying an additional 277 shares in the last quarter. Sivia Capital Partners LLC grew its position in Procter & Gamble by 19.8% in the second quarter. Sivia Capital Partners LLC now owns 6,144 shares of the company’s stock valued at $979,000 after acquiring an additional 1,016 shares during the period. Auxano Advisors LLC raised its stake in Procter & Gamble by 10.8% during the second quarter. Auxano Advisors LLC now owns 7,315 shares of the company’s stock worth $1,165,000 after acquiring an additional 714 shares in the last quarter. Finally, Schnieders Capital Management LLC. raised its stake in Procter & Gamble by 2.8% during the second quarter. Schnieders Capital Management LLC. now owns 30,182 shares of the company’s stock worth $4,809,000 after acquiring an additional 809 shares in the last quarter. 65.77% of the stock is owned by institutional investors.

Key Stories Impacting Procter & Gamble

Here are the key news stories impacting Procter & Gamble this week:

• Positive Sentiment: Procter & Gamble reported fiscal fourth-quarter adjusted EPS of $1.43, above the $1.41 analyst consensus. Productivity savings helped offset inflation, tariffs and other cost pressures. Procter & Gamble Q4 Earnings Beat on Productivity, Sales Miss Estimates
• Positive Sentiment: Jefferies maintained a Buy rating and only modestly lowered its price target to $177 from $179, suggesting the analyst sees value after the post-earnings weakness. Jefferies Adjusts Price Target for Procter & Gamble
• Positive Sentiment: Management is pursuing a consumer “growth reset” centered on product innovation, productivity improvements and market-share gains. Strong e-commerce trends and new Downy fragrance offerings could support brand engagement, although their near-term financial impact is likely limited. PG Q4 Earnings Call Highlights Consumer Growth Reset

About Procter & Gamble

Procter & Gamble (NYSE: PG) is a multinational consumer goods company headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, P&G has grown into one of the world’s largest producers of branded consumer packaged goods. The company focuses on developing, manufacturing and marketing a broad portfolio of household and personal care products sold to consumers and retailers worldwide.

P&G’s product offering spans several core business categories, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.