UBS reported on Monday that it has increased its estimates for consumer goods company, The Procter & Gamble Company (PG).
The firm has raised its estimates on PG through 2014. Analysts see the company benefiting from moderating its input costs. The company is also expected to see benefits from its savings programs.
Procter & Gamble shares were mostly flat during Monday morning trading. The stock has increased 20% in the past year.
The Bottom Line
Shares of The Procter & Gamble Company (PG) have a 2.96% yield, based on Friday’s closing price of $81.43.
The Procter & Gamble Company (PG) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.