Already one of the world’s largest consumer goods producers, The Procter & Gamble Company (NYSE:PG) has set its sights on consumer health as its next growth platform. Through its recent joint venture with Teva Pharmaceutical Industries Ltd, P&G vastly increased its sales, as well as category and market footprint, but also took on a fairly disjointed Teva consumer portfolio. Moving forward, the PGT Healthcare joint venture has the opportunity to elevate P&G to the upper echelons of consumer health. The Procter & Gamble Company (NYSE:PG) stock opened at $78.59 in last trading session, and closed at $78.95, trading in the range of $78.57 – $79.39. The stock showed a positive weekly performance of 0.64%.
Investment analysts at BMO Capital Markets cut their price target on shares of Colgate-Palmolive (NYSE:CL) to $64.00 in a note issued to investors on Wednesday, American Banking & Market News reports. The firm currently has a “market perform” rating on the stock. BMO Capital Markets’ price objective indicates a potential upside of 3.46% from the stock’s previous close. Colgate-Palmolive Company (NYSE:CL) shares closed at $63.29 on last trade day, by 0.38%. Stock 52 week range is $55.47 – $66.49. Company’s market capitalization is $58.16 billion.
UBS AG assumed coverage on shares of Avon Products (NYSE:AVP) in a report released on Monday, TheFlyOnTheWall.com reports. The firm issued a sell rating and a $14.00 price objective on the stock. Avon Products, Inc. (NYSE:AVP) stock advnaced -1.38% and finished the last session at $14.99. The EPS of the stock remained -0.01. Company’s market capitalization is $6.50 billion.
Unilever (NYSE:UL) had its neutral rating reaffirmed by analysts at Zacks. The firm currently has a $42.00 target price on the stock. Zacks’ analyst wrote, “Unilever reported sluggish results in fourth quarter 2013 with organic sales growth of 4.1%, driven by organic volume and pricing gains of 2.7% and 1.4%, respectively. However, it was lower than 7.8% growth recorded last year due to a slowdown in emerging markets operations. Unilever plc (ADR) (NYSE:UL) stock opened at $39.87 in last trading session and closed at $39.69. The 52 week range of the stock is $37.40 – $43.88 and the day range was $39.61 – $39.95.