Procter & Gamble Upgraded to “Outperform” at BMO Capital (PG)

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Packaged consumer goods maker The Procter & Gamble Company( PG ) on Friday caught an upgrade from analysts at BMO Capital.

The firm upgraded PG from "Market Perform" to "Outperform" with a $74 price target. That target represents an expected 22% upside to the stock's Thursday closing price of $60.80.

Procter & Gamble shares rose 24 cents, or +0.4%, in premarket trading Friday.


The Bottom Line
We have been recommending shares of PG since Sept.1, 2009, when the stock was trading at $54.11. The company has a 3.17% dividend yield, based on last night's closing stock price of $60.80.

The Procter & Gamble Company( PG ) is a "Recommended" dividend stock, holding a Dividend.com DARS™ Rating of 3.5 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

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This article appears in: Investing , Stocks

Referenced Stocks: PG

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