As previously reported, Erste Group upgraded Procter & Gamble to Buy from Hold following quarterly results. The firm notes P&G maintained its forecast for the financial year 2025. Accordingly, sales growth should amount to approx. +2% to 4%. The company also reiterated its growth forecast for expected annual earnings per share. Erste expects Procter & Gamble to exceed this targeted earnings growth rate, and says the stock is attractively valued compared to the sector.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PG:
- Procter & Gamble upgraded to Buy from Hold at Erste Group
- Trump Tariffs! PepsiCo and Other Food Giants Seek Special Exemptions on Imports
- IBM, P&G, Roku, CVS, Marvell: Stock Moves Unveiled
- Procter & Gamble exec Coombe sells 18,000 common shares
- Procter & Gamble call volume above normal and directionally bullish
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue