Colgate-Palmolive Company (CL) Receives ‘Analyst’ Rating

Colgate-Palmolive Company (CL) : 1 brokerage houses believe that Colgate-Palmolive Company (CL) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 12 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Colgate-Palmolive Company (CL). Zacks Investment Research suggests a Buy with a rank of 2.The median of all the 14 Wall Street Analysts endorse the stock as a Hold with a rating of 2.79.

Colgate-Palmolive Company (CL) : Currently there are 9 street experts covering Colgate-Palmolive Company (CL) stock. The most bullish and bearish price target for the stock is $83 and $70 respectively for the short term. The average price target of all the analysts comes to $75. The estimated standard deviation from the target is $4.3.


Also, KeyBanc initiates coverage on Colgate-Palmolive Company (NYSE:CL) The current rating of the shares is Sector Weight. The rating by the firm was issued on September 9, 2016.

Colgate-Palmolive Company (NYSE:CL): After opening at $71.85, the stock dipped to an intraday low of $71.5701 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $72.32 and the buying power remained strong till the end. The stock closed at $72.1 for the day, a gain of 0.35% for the day session. The total traded volume was 3,052,931. The stocks close on the previous trading day was $71.85.

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.

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