As the broad market inches towards new all time highs, one issue that is not fully participating in the rally is Procter & Gamble Company (NYSE:PG). In Tuesday’s trading, Procter & Gamble is lower by 1.50 percent at $78.18. Also, Procter & Gamble changes hands nearly eight points from its all time ($85.82) and less than three points away from its January 31 low ($75.26). The recent low coincides with major long term support for the issue at the 52 week low of $74.95. The Procter & Gamble Company (NYSE:PG) stock opened at $79.48 in last trading session, and closed at $77.97, trading in the range of $77.56 – $79.63. The stock showed a negative weekly performance of -0.08%.
Equities researchers at BMO Capital Markets cut their price target on shares of Avon Products (NYSE:AVP) from $18.00 to $15.00 in a research report issued on Friday, AnalystRatings.Net reports. BMO Capital Markets’ target price indicates a potential upside of 3.09% from the company’s current price. Avon Products, Inc. (NYSE:AVP) shares closed at $15.08 on last trade day, by gaining 3.64%. Stock 52 week range is $14.23 – $24.71. Company’s market capitalization is $6.54 billion.
Shares of Unilever (LON:ULVR) have been given a consensus recommendation of “Hold” by the twenty-four ratings firms that are covering the company, Analyst Ratings Network reports. Six analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and twelve have given a buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is GBX 2,629.79 ($43.15). Unilever N.V. (ADR) (NYSE:UN) stock advanced 1.79% and finished the last session at $38.76. The EPS of the stock remained 2.27. Company’s market capitalization is $118.27 billion.
Consumer-products giant Colgate-Palmolive Company (NYSE:CL) warned it could book one-time losses between $180 million to $200 million tied to Venezuela’s recent moves related to the exchange rate for foreign investments. The warning comes several days after peer Procter & Gamble Co. trimmed its fiscal 2014 profit estimate, citing the devaluation of Venezuela’s bolívar. Procter & Gamble also warned results for the fiscal year ending June 30 would be tempered by the devaluation of the Argentine peso and other foreign currencies against the U.S. dollar. Colgate-Palmolive Company (NYSE:CL) stock opened at $62.86 in last trading session and closed at $62.39. The 52 week range of the stock is $54.35 – $66.49 and the day range was $62.00 – $62.86.