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RBC Capital Remains a Buy on Procter & Gamble (PG)

Tipranks - Tipranks - Thu Jun 11, 9:00PM CDT

RBC Capital analyst Nik Modi maintained a Buy rating on Procter & Gamble yesterday and set a price target of $167.00.

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Modi covers the Consumer Defensive sector, focusing on stocks such as Church & Dwight, The Hershey Company, and Coca-Cola. According to TipRanks, Modi has an average return of -2.5% and a 48.60% success rate on recommended stocks.

Currently, the analyst consensus on Procter & Gamble is a Moderate Buy with an average price target of $160.30.

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Based on Procter & Gamble’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $21.24 billion and a net profit of $3.97 billion. In comparison, last year the company earned a revenue of $19.78 billion and had a net profit of $3.77 billion

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