Street View: Not out of the wash yet but signs are emerging for P&G
PG•P&G flags slower growth and margin pressure
** Procter & Gamble PG.N on Wednesday forecast slower revenue growth for fiscal 2027, citing a highly challenging geopolitical and economic backdrop, after reporting quarterly sales that missed analysts' expectations and a decline in margins
** Median PT of 29 brokerages covering the stock is $161 - LSEG-compiled data; the stock fell 1.61% to $143.75 premarket Thursday
Brokerages point to mixed but improving signs
** Citigroup ("buy," PT: $170) says "concerns about the US organic sales growth trajectory in Q4 but note the large sell-in/sell-through gap could improve in FY27 as the negative impacts in the quarter (shipment timing & higher merchandise on Prime Day) normalize"
** RBC Capital Markets ("outperform," PT: $167) says PG's fundamentals remain strong, with healthy consumer demand, stabilizing global market share and upcoming innovation and marketing initiatives supporting the business
** Adds that "sentiment remains mixed, but we like the setup from here given underlying trajectory"
** TD Cowen ("hold," PT: $150) says co faces challenges across multiple categories, making a quick turnaround unlikely, while inventory reductions during the quarter suggest continued volatility in the U.S. market and an uneven recovery
** Morningstar (fair value" $155) says P&G's focus on investing behind its brands should help enhance performance and value for consumers amid weak category growth and geopolitical uncertainty




