Company News

Analyst Predicts Big Year for P&G in 2011

EPS gain expected to hit double digits.

Author Image

By: TOM BRANNA

Editor

The new year hasn’t arrived yet, but analysts have turned the page to 2011. That’s good news for soapers, who have had to endure months of pricing pressures that have eroded margins. But at least P&G can expect a return to double-digit EPS growth in 2011, according to a note published by Goldman Sachs today. Analyst Andrew Sawyer upgraded P&G shares to Buy and raised his price target by $4 to $75, arguing that the consumer products should see an inflection point ...

Continue reading this story and get 24/7 access to Happi for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Happi Newsletters