Accueil > Actualité
Actualite financiere : Actualite bourse

Procter & Gamble: Jefferies raises target price

(CercleFinance.com) - Jefferies has reinstated its "buy" on the Procter & Gamble share, while raising its target price from 166 dollars to 170 dollars, after raising EPS estimates by around 2%-3% for the fiscal years 2021-23 after the consumer goods giant's solid quarterly results.


"P&G's mkt share momentum is building, its "productivity muscle" is enabling substantial investment, FY21 guide is conservative," the broker says in its report on the stock.

The "Co. should see sustainably higher demand from "mega-trends" during/post the C-19 recession," Jefferies adds, which also sees "scope for multiple expansion".


Copyright (c) 2020 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
 

societes

marches

tendances

 
Qui sommes-nous ? | Nous contacter | FAQ | Mentions légales | RSS | © Copyright 2007 Cercle Finance. Tous droits réservés.
Indices et cours différés d’au moins 15 mn | Cotations boursières fournies par ABC Bourse.