Login

Procter & Gamble Shares Downgraded by Jefferies Because of Rising Commodity Costs

Share on Facebook Tweet on Twitter

Posted by Michael Nagle

on Monday, 09 July 2018 16:15

PnG

Procter & Gamble's profitability will suffer because of rising commodity costs, according to Jefferies.

The firm lowered its rating for Procter & Gamble shares to hold from buy, predicting the company will report earnings below expectations next fiscal year.

Analyst Kevin Grundy cited a number of factors weighing on the consumer product giant, including....CLICK for the complete article


Free Subscription Service - sign up today!

Exclusive content sent directly to your Inbox

  • What Mike's Reading

    His top research pick

  • Numbers You Should Know

    Weekly astonishing statistics

  • Quote of the Week

    Wisdom from the World

  • Top 5 Articles

    Most Popular postings

Learn more...



Our Premium Service:
The Inside Edge on Making Money

Latest Update

Trading Basics – Sizing Your Stock Positions

You’ve done your analysis and are ready to take the trade. Next question is how much do you buy? The tendency is to buy what you can afford...

- posted by Tyler Bollhorn

Michael Campbell
Tyler Bollhorn Eric Coffin Patrick Ceresna
Josef Mark Leibovit Greg Weldon Ryan Irvine