Stocks
PG Earns Moderate Buy Rating Amid Economic Uncertainty
Procter & Gamble (NYSE:PG) has earned an average rating of 'Moderate Buy' from twenty-three research firms covering the company, MarketBeat Ratings reports.
Ten investment analysts have rated the stock with a hold recommendation and thirteen have given a buy recommendation to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $161.55.
Despite some negative sentiment surrounding job cuts, analysts continue to view P&G as a relatively resilient consumer-staples holding if consumer confidence and spending weaken.