Colgate-Palmolive Company (CL) : Zacks Investment Research ranks Colgate-Palmolive Company (CL) as 2, which is a Buy recommendation. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 14 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 15 research analysts is 2.93, which indicates as a Hold.
Colgate-Palmolive Company (CL) : Average target price received by Colgate-Palmolive Company (CL) is $74.78 with an expected standard deviation of $4.06. The most aggressive target on the stock is $83, whereas the most downbeat target is $70. 9 financial analysts are currently covering the stock.
Company shares have received an average consensus rating of Hold for the current week Colgate-Palmolive Company (NYSE:CL): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $74.95 and $74.79 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $75.26. The buying momentum continued till the end and the stock did not give up its gains. It closed at $74.89, notching a gain of 0.07% for the day. The total traded volume was 2,345,121 . The stock had closed at $74.84 on the previous day.
In a related news,The officer (COO G1.Innov.&Gwth &Hills) of Colgate Palmolive Co, Wallace Noel R. sold 78,849 shares at $74.68 on August 2, 2016. The Insider selling transaction had a total value worth of $5,888,443. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Colgate-Palmolive Company (Colgate) is a consumer products company, whose products are marketed in more than 200 countries and territories throughout the world. The Company operates in two product segments: Oral, Personal and Home Care, and Pet Nutrition. The Oral, Personal and Home Care product segment is operated through five geographic segments: North America, Latin America, Europe/South Pacific, Asia and Africa/Eurasia. The Companys oral care products include Colgate Total; Colgate Sensitive Pro-Relief; Colgate Max Fresh; Colgate Optic White and Colgate Luminous White toothpastes, among others. The Company sells its personal care products under the Palmolive, Protex and Softsoap brands. The Company, through its Hills Pet Nutrition segment (Hills), manufactures pet nutrition products for dogs and cats.