The shares of The Procter & Gamble Company (NYSE:PG) has been pegged with a rating of Neutral by BofA/Merrill in its latest research note that was published on November 6th, 2018. The research company has also assigned a $95 price target. BofA/Merrill wasn’t the only research firm that published a report of The Procter & Gamble Company, with other equities research analysts also giving their opinion on the stock. JP Morgan advised investors in its research note published on October 19th, 2018, to Overweight the PG stock. The stock had earned Hold rating from Jefferies when it published its report on July 9th, 2018. The stock was given Neutral rating by BofA/Merrill in its report released on April 20th, 2018. Argus was of a view that PG is Hold in its latest report on April 20th, 2018. Berenberg thinks that PG is worth Sell rating. This was contained in the firm’s report on February 28th, 2018 in which the stock’s price target was also moved to $78.50.
Amongst the analysts that rated the stock, 1 have recommended investors to sell it, 16 believe it has the potential for further growth, thus rating it as Hold while 4 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $89.22. The price of the stock the last time has raised by 32.26% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 62.95.
The shares of the company added by 0.26% during the trading session on Thursday, reaching a low of $91.08 while ending the day at $93.55. During the trading session, a total of 13.92 million shares were traded which represents a -38.23% decline from the average session volume which is 10.07M shares. PG had ended its last session trading at 93.31. The Procter & Gamble Company currently has a market cap of $233.48B, while its P/E ratio stands at 23.08, while its P/E earnings growth sits at 3.49, with a beta of 0.37. The Procter & Gamble Company debt-to-equity ratio currently stands at 0.61, while its quick ratio hovers at 0.60. PG 52-week low price stands at $70.73 while its 52-week high price is $94.86.
The company in its last quarterly report recorded $1.12 earnings per share which is above the $1.09 predicted by most analysts. The The Procter & Gamble Company generated $16,690.00 million in revenue during the last quarter, which is slightly higher than the $16,461.30 million predicted by analysts. In the second quarter last year, the firm recorded $0.94 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 16.07%. The Procter & Gamble Company has the potential to record 4.05 EPS for the current fiscal year, according to equities analysts.
Investment analysts at BofA/Merrill published a research note on July 2nd, 2018 where it informed investors and clients that The AES Corporation (NYSE:AES) is now rated as Underperform. JP Morgan also rated AES as Upgrade on October 19th, 2018, with its price target of $4 suggesting that AES could surge by 2.09% from its current share price. Even though the stock has been trading at $15.46/share, analysts expect it to surge higher by -0.06% to reach $15.78/share. It started the day trading at $15.51 and traded between $15.04 and $15.45 throughout the trading session.
A look at its technical shows that AES’s 50-day SMA is 14.96 while its 200-day SMA stands at 13.12. The stock has a high of $16.28 for the year while the low is $9.86. The company’s P/E ratio currently sits at 43.28, while the P/B ratio is 3.10. The company’s average trading volume currently stands at 6.65M shares, which means that the short-interest ratio is just 1.99 days. Over the past seven days, the company moved, with its shift of -0.39%. Looking further, the stock has raised 16.34% over the past 90 days while it gained 21.46% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc bought more AES shares, increasing its portfolio by +6.24% during the last quarter. This move now sees The Vanguard Group Inc purchasing 4,751,691 shares in the last quarter, thus it now holds 80,940,538 shares of AES, with a total valuation of $1,180,113,044. BlackRock Fund Advisors meanwhile bought more AES shares in the recently filed quarter, changing its stake to $494,957,014 worth of shares. SSgA Funds Management Inc followed the path by decreasing its AES portfolio by -0.99% in the quarter. This means that SSgA Funds Management Inc sold -319,905 shares in the last quarter and now controls 31,945,443 shares of the AES stock, with the valuation hitting $465,764,559.
Similarly, Capital Research Management Co increased its The AES Corporation shares by +39.70% during the recently filed quarter. After buying 8,336,406 shares in the last quarter, the firm now controls 29,336,406 shares of The AES Corporation which are valued at $427,724,799. In the same vein, Fidelity Management Research Co decreased its The AES Corporation shares by during the most recent reported quarter. The firm sold -15,989,408 shares during the quarter which decreased its stakes to 28,193,517 shares and is now valued at $411,061,478. Following these latest developments, around 0.20% of The AES Corporation stocks are owned by institutional investors and hedge funds.