Personal Products Stocks Under Review -- Procter & Gamble, Coty, Avon, and Colgate-Palmolive
NEW YORK, March 22, 2017 /PRNewswire/ --
Pre-market today, Stock-Callers.com has initiated research reports on these four stocks: The Procter & Gamble Co. (NYSE: PG), Coty Inc. (NYSE: COTY), Avon Products Inc. (NYSE: AVP), and Colgate-Palmolive Co. (NYSE: CL). These companies belong to the Personal Products industry - a massive field that creates, manufactures and sells beauty, hygiene and personal-care products like cosmetics, toothpastes, sunscreen, razors and shaving cream. Learn more about these stocks by downloading their free research reports in PDF format at:
http://stock-callers.com/registration
Procter & Gamble
On Tuesday, shares in Cincinnati, Ohio-based The Procter & Gamble Co. recorded a trading volume of 8.21 million shares. The stock ended the day at $91.19, declining 0.03% from the last trading session. The Company's shares have advanced 0.11% in the past month, 8.54% in the previous three months, and 9.32% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 3.07% and 6.77%, respectively. Furthermore, shares of Procter & Gamble, which provides branded consumer packaged goods to consumers in North America, Europe, Asia/Pacific, India, Middle East, Africa, and Latin America, have a Relative Strength Index (RSI) of 58.29.
On March 21st, 2017, research firm JP Morgan initiated a 'Neutral' rating on the Company's stock, with a target price of $98 per share. Sign up and read the free research report on PG at:
http://stock-callers.com/registration/?symbol=PG
Coty Inc.
New York headquartered Coty's stock saw a drop of 3.24%, finishing yesterday's session at $18.53. A total volume of 7.02 million shares was traded, which was above their three months average volume of 5.54 million shares. The Company's shares have gained 1.88% since the start of this year. The stock is trading below its 50-day moving average by 2.06%. Additionally, shares of Coty, which together with its subsidiaries, manufactures, markets, and distributes beauty products worldwide, have an RSI of 44.38.
On March 07th, 2017, Coty announced that Esi Eggleston Bracey, President Coty Consumer Beauty, has decided to leave the Company for personal reasons. Esi will remain with Coty for a transition period through the end of March. Laurent Kleitman, currently Unilever's Executive Vice President Global Hair Care category, has been appointed President Coty's Consumer Beauty. Laurent will report directly to Camillo Pane, Coty's CEO, and will be a member of Coty's Executive Committee.
On March 21st, 2017, research firm JP Morgan initiated an 'Underweight' rating on the Company's stock, with a target price of $16 per share. The complimentary research report on COTY can be downloaded at:
http://stock-callers.com/registration/?symbol=COTY
Avon
Shares in London, the UK headquartered Avon Products Inc. ended the session 1.59% lower at $4.33. The stock recorded a trading volume of 8.53 million shares, which was above its three months average volume of 5.81 million shares. The Company's shares are trading 14.91% below their 50-day moving average. Moreover, shares of Avon Products, which manufactures and markets beauty and related products in Europe, Middle East, Africa, South Latin America, North Latin America, and Asia/Pacific, have an RSI of 38.64.
On March 20th, 2017, Avon Products announced that Jeff Benjamin, Senior Vice President General Counsel & Chief Ethics & Compliance Officer has decided to retire from the Company. Mr. Benjamin joined Avon in 2012, and will remain in his current position until a successor is named. Avon will be hiring a General Counsel, who will be based in the Company's global headquarters in the UK. Register for free on Stock-Callers.com and access the latest report on AVP at:
http://stock-callers.com/registration/?symbol=AVP
Colgate-Palmolive
At the closing bell on Tuesday, New York headquartered Colgate-Palmolive Co.'s stock dropped 0.14%, finishing at $73.70. A total volume of 3.70 million shares was traded. The Company's shares have gained 2.39% in the last month, 11.92% over the previous three months, and 13.27% on an YTD basis. The stock is trading 6.01% and 4.92% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Colgate-Palmolive, which together with its subsidiaries, manufactures and sells consumer products worldwide, have an RSI of 60.87.
On March 10th, 2017, Colgate-Palmolive's Board of Directors increased the quarterly common stock cash dividend by 3%. The increase will be effective in Q2 FY17. The new rate of $0.40 per share is up from $0.39 per share. The Board declared that Q2 dividend is to be paid on May 15th, 2017 to shareholders of record as of April 21st, 2017.
On March 21st, 2017, research firm JP Morgan initiated a 'Neutral' rating on the Company's stock, with a target price of $77 per share. Get free access to your research report on CL at:
http://stock-callers.com/registration/?symbol=CL
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