Is This Billionaire the Answer to Procter & Gamble's Sluggish Performance?
Procter & Gamble (NYSE: PG) investors have had to wait years for the consumer products giant to execute on its turnaround. But as management hopes to make major progress going forward, one major shareholder is done being patient.
In this episode of Industry Focus: Consumer Goods, Vincent Shen and senior Fool.com contributor Asit Sharma talk about the growing tensions between Nelson Peltz, billionaire activist investor, and the P&G management team.
The team also covers major developments at the box office as the summer blockbuster season comes to a close. Ticket sales are down from last year, and some investors in the industry are paying dearly.
Source: Fool.com
Procter & Gamble Co. Stock
The stock is an absolute favorite of our community with 29 Buy predictions and no Sell predictions.
With a target price of 160 € there is a slightly positive potential of 2.96% for Procter & Gamble Co. compared to the current price of 155.4 €.