"Procter's organic growth has been below HPC peers since '07, prompting a $10 billion cost-savings program and now a major brand rationalization program we've dubbed the Hundred Brand Purge," BTIG said.
Analysts said a more focused Procter & Gamble is likely to be a better organic grower, however, benefits will take time to flow through and further re-rating is unlikely in the near-term.
Exclusive Report: Jim Cramer's Best Stocks for 2015
Separately, TheStreet Ratings team rates PROCTER & GAMBLE CO as a Buy with a ratings score of A-. TheStreet Ratings Team has this to say about their recommendation:
"We rate PROCTER & GAMBLE CO (PG) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, expanding profit margins, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income."