Connect with us

Hi, what are you looking for?

Stock

Procter & Gamble “stays the course”, say Deutsche Bank, Jefferies analysts

Investing.com — Procter & Gamble Company (NYSE:PG) share were up 2% at $176 on Friday, y after the consumer goods giant reaffirmed its strategy and fiscal 2025 guidance during its Investor Day in Cincinnati. Analysts at Deutsche Bank (ETR:DBKGn) and Jefferies said the company remained on a steady course, with no major surprises from the event—a development Deutsche Bank called a positive.

P&G reiterated its commitment to its long-standing “superiority” strategy, focusing on enhancing product efficacy, packaging, brand communication, retail execution, and value. These efforts, combined with steady innovation and an agile organization, have solidified the company’s leadership in the sector, often serving as a model for competitors, Deutsche Bank noted.

“P&G may not be immune to the buzz of the day (tariffs, ingredients), but they showcased a flexible supply chain,” Jefferies analyst wrote in the note

The company maintained its fiscal 2025 organic growth forecast of 3-5%, despite headwinds like recent U.S. dollar fluctuations. P&G cited confidence in resilient growth in core markets such as the U.S. and Europe, along with potential stabilization in China and the Middle East, as the basis for its outlook.

Deutsche Bank highlighted quarter-to-date growth for Chinese brands SK-II and Pantene, as well as strong performance in Pampers. It also praised P&G’s Supply Chain 3.0 initiatives, which are expected to drive top-line growth, cost efficiency, and improved cash conversion.

Deutsche Bank reiterated its “buy” rating and $181 price target, citing P&G’s consistent execution and solid growth outlook. While Jefferies has a price target of $174

This post appeared first on investing.com

You May Also Like

Economy

Tesla (TSLA) Q3 Earnings Preview: Profit Expected to Drop 9% Tesla (TSLA stock) is expected to announce its third-quarter financial results after the closing...

Stock

Back in the day, I used to look at the weekly S&P 500 chart every weekend and ask myself the same three questions:What is...

Editor's Pick

EURUSD and GBPUSD: The second part of the week brings recovery On Wednesday, October 23, EURUSD retreated to 1.07612 to a new weekly low...

Investing

In the days since President-elect Donald Trump won the presidential race, Nicole Bivens Collinson’s phone has barely stopped ringing. Collinson, who helps lead the...



Disclaimer: Techreportdiversity.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


Copyright © 2024 Techreportdiversity.com