RBC Capital Maintains Sector Perform Rating for Procter & Gamble: Here's What You Need To Know

RBC Capital has decided to maintain its Sector Perform rating of Procter & Gamble PG and raise its price target from $156.00 to $157.00.

Shares of Procter & Gamble are trading down 0.19% over the last 24 hours, at $153.69 per share.

A move to $157.00 would account for a 2.15% increase from the current share price.

About Procter & Gamble

Since its founding in 1837, Procter & Gamble has become one of the world's largest consumer product manufacturers, generating more than $80 billion in annual sales. It operates with a lineup of leading brands, including more than 20 that generate north of $1 billion each in annual global sales, such as Tide laundry detergent, Charmin toilet paper, Pantene shampoo, and Pampers diapers. P&G sold its last remaining food brand, Pringles, to Kellogg in calendar 2012. Sales outside its home turf represent just more than half of the firm's consolidated total.

About Analyst Ratings

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Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.