11:27 AM EST, 01/16/2026 (MT Newswires) -- Procter & Gamble's ( PG ) fiscal Q2 organic growth is likely muted but could improve in H2 as the sector weathers retailer de-stocking and weaker demand, UBS Securities said in a Friday note.

UBS said concerns over organic growth is not specific to the company and there are debates on whether its weaker top-line growth is mainly macro-driven. The investment firm projects a flat organic growth in fiscal Q2, slowing down from the previous quarter.

For fiscal 2026, UBS said it expects Procter & Gamble ( PG ) to narrow its organic growth guidance by lowering the high-end of its flat to 4% outlook range. UBS said it expects a 1.7% organic sales growth for the year.

Procter & Gamble ( PG ) is set to release its fiscal Q2 results on Jan. 22.

UBS has a buy rating and $161 price target on Procter & Gamble ( PG ).

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