Jefferies Keeps Their Buy Rating on Procter & Gamble (PG)

Jefferies analyst Kaumil Gajrawala maintained a Buy rating on Procter & Gamble today and set a price target of $175.00.

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According to TipRanks, Gajrawala is an analyst with an average return of -0.7% and a 48.70% success rate. Gajrawala covers the Consumer Defensive sector, focusing on stocks such as Coca-Cola, Simply Good Foods, and Colgate-Palmolive.

In addition to Jefferies, Procter & Gamble also received a Buy from RBC Capital’s Nik Modi in a report issued yesterday. However, on April 13, Barclays assigned a Hold rating to Procter & Gamble (NYSE: PG).

Based on Procter & Gamble’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $22.21 billion and a net profit of $4.33 billion. In comparison, last year the company earned a revenue of $21.88 billion and had a net profit of $4.63 billion

Based on the recent corporate insider activity of 116 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PG in relation to earlier this year. Last month, Francisco Ma. Fatima , the CEO – Baby, Fem & Family Care of PG sold 5,549.00 shares for a total of $917,199.41.