Raymond James Sticks to Their Buy Rating for Procter & Gamble (PG)

Raymond James analyst Olivia Tong maintained a Buy rating on Procter & Gamble (PGResearch Report) today and set a price target of $175.00. The company’s shares closed last Friday at $143.02.

According to, Tong is a 3-star analyst with an average return of 1.3% and a 62.1% success rate. Tong covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies, Spectrum Brands Holdings, and Bath & Body Works.

Procter & Gamble has an analyst consensus of Moderate Buy, with a price target consensus of $155.63, implying a 10.6% upside from current levels. In a report issued on July 22, Wells Fargo also maintained a Buy rating on the stock with a $160.00 price target.

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The company has a one-year high of $165.35 and a one-year low of $129.50. Currently, Procter & Gamble has an average volume of 7.21M.

Based on the recent corporate insider activity of 139 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PG in relation to earlier this year. Most recently, in April 2022, David S. Taylor, the EC of PG sold 30,000 shares for a total of $4,884,600.

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Procter & Gamble Co. manufactures and sells branded consumer packaged goods across five segments: Beauty; Grooming; Health Care; Fabric & Home Care; and Baby, Feminine & Family Care. Some of the popular brands owned by the company include Head & Shoulders, Pantene, Olay, Gillette, Oral-B, Vicks, Ariel, Tide, Pampers, Luvs and Bounty. The company was founded by William Procter and James Gamble in 1837 and is headquartered in Cincinnati, OH.

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