Evercore upgrades Procter & Gamble stock to Outperform
Published on 10/12/2026 at 12:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Evercore ISI upgraded Procter & Gamble to Outperform and raised its target from USD 161.00 to USD 166.00 on October 6, 2026.
- Fiscal 2026 net sales reached USD 87.0 billion, up 3.00 percent, while operating cash flow was USD 19.6 billion.
- The Lang & Schwarz price was EUR 135.32 on October 12, 2026, plus 0.43 percent versus the Xetra close of EUR 134.74 on October 9, 2026.
- Procter & Gamble will hold its annual meeting on October 13, 2026, and discuss first-quarter fiscal 2027 results on October 22, 2026.
Procter & Gamble (ISIN US7427181091) was trading at EUR 135.32 at Lang & Schwarz on October 12, 2026 at 12:21 p.m. CEST, or 0.43 percent above the Xetra close of EUR 134.74 on October 9, 2026. On October 6, 2026, Investing.com reported that Evercore ISI upgraded the stock from In Line to Outperform and raised its price target from USD 161.00 to USD 166.00.
Three dated developments
On September 10, 2026, Procter & Gamble Chief Financial Officer Andre Schulten was scheduled to speak at the Barclays Global Consumer Staples Conference at 8:15 a.m. ET, according to Business Wire. On October 6, 2026, the company announced a virtual annual meeting for October 13, 2026, at 9:00 a.m. ET. The same October 6 date brought the Evercore ISI upgrade and the USD 5.00 target increase.
What does the upgrade change?
The call gives the stock a clearer growth test ahead of fiscal first-quarter 2027 results. Evercore ISI lifted its organic sales growth estimate for that quarter to 3.00 percent from 2.00 percent consensus and said the company could exit fiscal 2027 with growth of 4.00 percent, according to Investing.com. The assessment also identified oil and logistics costs as pressure points for the guidance outlook.
The latest completed fiscal year provides a useful baseline. Procter & Gamble reported fiscal 2026 net sales of USD 87.0 billion, up 3.00 percent, organic sales growth of 1.00 percent and core earnings per share growth of 1.00 percent on its investor-relations page. Operating cash flow reached USD 19.6 billion in fiscal 2026, giving the company room to fund brands, dividends and productivity work.
Two dates define the next test
Business Wire scheduled the virtual annual meeting for October 13, 2026, at 9:00 a.m. ET and the discussion of first-quarter fiscal 2027 results for October 22, 2026, at 8:30 a.m. ET. The October 22 report will test whether the 3.00 percent organic sales estimate can be translated into broader volume momentum.
Stock holds above the Xetra close
For investors in Germany, the reference move is modest: EUR 135.32 at Lang & Schwarz on October 12, 2026 at 12:21 p.m. CEST was EUR 0.58, or 0.43 percent, above the Xetra close of EUR 134.74 on October 9, 2026. On the NYSE, the stock was last quoted at USD 151.23 on October 9, 2026, with a 52-week range of USD 137.62 to USD 167.25.
The further course of trading is shown by the continuously updated real-time quote of Procter & Gamble stock.
Procter & Gamble stock facts
- Company: The Procter & Gamble Company
- ISIN: US7427181091
- Ticker: PG
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 12, 2026, 12:21 p.m. CEST): EUR 135.32
- Change versus Xetra close: plus 0.43 percent
- Xetra close (October 9, 2026): EUR 134.74
- Market capitalization: USD 359.5 billion (as of October 9, 2026)
- 52-week range: USD 137.62-167.25 (as of October 9, 2026)
- Sector / Industry: Consumer Staples / Household Products
- Index membership: S&P 500
- Next earnings date: October 22, 2026
Market context: Market report S&P 500.
