JP Morgan Lowers Estimates on Procter & Gamble (PG)

JP Morgan reported on Friday that it has lowered its estimates on consumer goods provider, The Procter & Gamble Company (PG).

The firm has reduced its estimates on PG based on the company missing expectations on performance. Analysts believe that the company should be showing improvements with its performance, but has not reached these improvements as expected.

Procter & Gamble shares were mostly flat during Friday morning trading. The stock has increased 14.5% in the past year.

The Bottom Line
Shares of The Procter & Gamble Company (PG) have a 2.93% yield, based on Friday morning’s price of $76.74.

The Procter & Gamble Company (PG) is not recommended at this time, holding a DARS™ Rating of 3.4 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

Related Stocks:
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here