Colgate-Palmolive Company (CL) Receives Price Target

Colgate-Palmolive Company (CL) : The highest short term price target forecast on Colgate-Palmolive Company (CL) is $83 and the lowest target price is $70. A total of 9 equity analysts are currently covering the company. The average price of all the analysts is $74.78 with a standard deviation of $4.06.

Colgate-Palmolive Company (CL) : 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 13 Wall Street Analysts endorse the stock as a Hold with a rating of 2.92.


Also, Major Brokerage house, Exane BNP Paribas downgrades its ratings on Colgate-Palmolive Company (NYSE:CL). According to the latest information available, the shares are now rated Neutral by the analysts at the agency. Previously, the analysts had a Outperform rating on the shares. The rating by the firm was issued on July 29, 2016.

Colgate-Palmolive Company (NYSE:CL): The stock opened at $74.38 on Thursday but the bulls could not build on the opening and the stock topped out at $74.43 for the day. The stock traded down to $73.87 during the day, due to lack of any buying support eventually closed down at $74.27 with a loss of -0.09% for the day. The stock had closed at $74.34 on the previous day. The total traded volume was 3,016,327 shares.

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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