After Morgan Stanley and Wells Fargo gave Procter & Gamble (NYSE: PG) a Buy rating last month, the company received another Buy, this time from Goldman Sachs. Analyst Jason English maintained a Buy rating on Procter & Gamble today and set a price target of $136.00. The company’s shares closed last Monday at $123.00, close to its 52-week high of $125.36.
According to TipRanks.com, English is ranked #2756 out of 5558 analysts.
Currently, the analyst consensus on Procter & Gamble is a Moderate Buy with an average price target of $126.90, which is a 4.0% upside from current levels. In a report issued on October 8, Morgan Stanley also maintained a Buy rating on the stock with a $130.00 price target.
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The company has a one-year high of $125.36 and a one-year low of $86.74. Currently, Procter & Gamble has an average volume of 7.46M.
Based on the recent corporate insider activity of 202 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.
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