Brokerage Firm Rating Update on Colgate-Palmolive Company (CL)

Colgate-Palmolive Company (CL) : The consensus on Colgate-Palmolive Company (CL) based on 13 analyst recommendation on the company stock is 2.92, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 2 which endorses a Buy on the stock. However, 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 12 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

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 Also, Brokerage firm Exane BNP Paribas downgrades its rating on Colgate-Palmolive Company (NYSE:CL). The shares have been rated Neutral. 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): stock was range-bound between the intraday low of $73.68 and the intraday high of $75 after having opened at $74.96 on Wednesdays session. The stock finally closed in the red at $74.96, a loss of -2.01%. The stock remained in the red for the whole trading day. The total traded volume was 3,297,835 shares. The stock failed to cross $75 in Wednesdays trading. The stocks closing price on Thursday was $75.27.

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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