Analysts fell to the sidelines weighing in on Procter & Gamble (PG) and Coca-Cola (KO) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
Procter & Gamble (PG)
In a report released today, Jason English from Goldman Sachs maintained a Hold rating on Procter & Gamble, with a price target of $111. The company’s shares opened today at $103.16, close to its 52-week high of $107.20.
According to TipRanks.com, English is ranked #2333 out of 5195 analysts.
Currently, the analyst consensus on Procter & Gamble is a Hold with an average price target of $100.36.
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Coca-Cola (KO)
In a report released today, Andrea Faria Teixeira from J.P. Morgan maintained a Hold rating on Coca-Cola, with a price target of $47. The company’s shares opened today at $48.21.
According to TipRanks.com, Teixeira is a 4-star analyst with an average return of 8.9% and a 58.8% success rate. Teixeira covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies Inc, elf Beauty Inc, and Coty Inc.
Coca-Cola has an analyst consensus of Moderate Buy, with a price target consensus of $50.38.
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