1 Thing Procter & Gamble Co. Left Out of Its Proxy Fight Response
After receiving a direct challenge to its management team from an activist investor, Procter & Gamble (NYSE: PG) fired back this week in a combative press release.
In the return volley, the consumer products giant defended its portfolio strategy, its cost-cutting efforts, and its progress at transforming the huge business into a stronger, more flexible organization -- all without addressing a core complaint about its worsening market share position.
Image source: Getty Images.
Source: Fool.com
Procter & Gamble Co. Stock
€153.18
-0.140%
The stock is an absolute favorite of our community with 23 Buy predictions and no Sell predictions.
With a target price of 159 € there is a slightly positive potential of 3.8% for Procter & Gamble Co. compared to the current price of 153.18 €.
