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Analysts Offer Insights on Consumer Goods Companies: Performance Food Group (PFGC) and Procter & Gamble (PG)

Tipranks - Fri Jan 23, 8:16AM CST

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Performance Food Group (PFGCResearch Report) and Procter & Gamble (PGResearch Report).

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Performance Food Group (PFGC)

In a report released yesterday, Kelly Bania from BMO Capital maintained a Buy rating on Performance Food Group, with a price target of $125.00. The company’s shares closed last Wednesday at $95.80.

According to TipRanks.com, Bania is a 4-star analyst with an average return of 7.3% and a 65.8% success rate. Bania covers the Consumer Goods sector, focusing on stocks such as The Chefs’ Warehouse, United Natural Foods, and Albertsons Companies. ;'>

Currently, the analyst consensus on Performance Food Group is a Strong Buy with an average price target of $119.56, a 25.2% upside from current levels. In a report issued on January 20, Morgan Stanley also initiated coverage with a Buy rating on the stock with a $123.00 price target.

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Procter & Gamble (PG)

William Blair analyst Jon Andersen maintained a Hold rating on Procter & Gamble today. The company’s shares closed last Wednesday at $146.06.

According to TipRanks.com, Andersen is a 3-star analyst with an average return of 1.4% and a 52.4% success rate. Andersen covers the Consumer Goods sector, focusing on stocks such as Simply Good Foods, Vita Coco Company, and J & J Snack Foods. ;'>

Procter & Gamble has an analyst consensus of Moderate Buy, with a price target consensus of $163.79, representing an 11.4% upside. In a report issued on January 7, Piper Sandler also initiated coverage with a Hold rating on the stock with a $150.00 price target.

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