Watch for Continued Gains in Shares of Procter & Gamble Company (The) (PG)

December 29, 2021 12:11:14

Shares of Procter & Gamble Company (The) (NYSE:PG) traded at a new 52-week high today of $164.53. So far today approximately 1.8 million shares have been exchanged, as compared to an average 30-day volume of 8.3 million shares.

Procter & Gamble Company (The) share prices have moved between a 52-week high of $164.53 and a 52-week low of $121.54 and are now trading 35% above that low price at $164.25 per share.

Procter & Gamble Company (The) (NYSE:PG) is currently priced 1.1% above its average consensus analyst price target of $162.50.

Since its founding in 1837, Procter & Gamble has become one of the world’s largest consumer product manufacturers, generating more than $75 billion in annual sales. It operates with a lineup of leading brands, including 21 that generate more than $1 billion each in annual global sales, such as Tide laundry detergent, Charmin toilet paper, Pantene shampoo, and Pampers diapers. P&G sold its last remaining food brand, Pringles, to Kellogg in calendar 2012. Sales outside its home turf represent around 55% of the firm’s consolidated total, with around one third coming from emerging markets.

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