Shares Of The Procter & Gamble Company Have Risen Above Previous 52-Week High

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga.

Shares of The Procter & Gamble Company PG traded at a new 52-week high today of $147.23. Approximately 2.9 million shares have changed hands today, as compared to an average 30-day volume of 6.1 million shares.

The Procter & Gamble Company PG is currently priced 1.2% above its average consensus analyst price target of $144.39.

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.

In the past 52 weeks, shares of The Procter & Gamble Company have traded between a low of $121.54 and a high of $147.23 and are now at $146.18, which is 20% above that low price.

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The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. This content is for informational purposes only and not intended to be investing advice.

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