Neutral on P&G Hygiene, target price Rs 16,500: Motilal Oswal Financial Services

Motilal Oswal Financial Services has given a neutral rating to Procter & Gamble Hygiene & Healthcare, setting a target price of Rs 16,500. The company shows potential for growth in the feminine hygiene segment and higher margin gains. Despite expensive valuations, P&G Hygiene focuses on product innovation and customer acquisition, with no medium-term triggers seen.