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Bernstein puts a number to Procter & Gamble breakup

Jun. 08, 2018 8:23 AM ETParker-Hannifin Corporation (PH) StockPHBy: Clark Schultz, SA News Editor5 Comments
  • Bernstein puts a number to the sum-of-the-parts talk on Procter & Gamble (NYSE:PH).
  • The analyst team thinks P&G is worth $104 based off of M&A comparables and some operational improvements due to a smaller scale factored in. The $104 valuation on Procter is 37% higher than yesterday's closing price of $75.76.
  • Bernstein has an Outperform rating on Procter & Gamble.
  • Source: Bloomberg, MarketWatch

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