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HomeMarketResultsColgate-Palmolive (NYSE:CL) Given Consensus Rating of "Hold" by Brokerages

Colgate-Palmolive (NYSE:CL) Given Consensus Rating of “Hold” by Brokerages


Shares of Colgate-Palmolive (NYSE:CLGet Rating) have been assigned a median suggestion of “Maintain” from the sixteen analysts which might be presently protecting the inventory, MarketBeat reviews. Eight analysts have rated the inventory with a maintain suggestion and 5 have assigned a purchase suggestion to the corporate. The common 12-month goal value amongst brokerages which have issued a report on the inventory within the final 12 months is $82.58.

CL has been the topic of a variety of analyst reviews. JPMorgan Chase & Co. raised shares of Colgate-Palmolive from a “impartial” ranking to an “chubby” ranking and set a $79.00 value goal for the corporate in a report on Thursday, October thirteenth. UBS Group lowered their value goal on Colgate-Palmolive from $90.00 to $80.00 in a analysis be aware on Thursday, October thirteenth. Barclays raised their goal value on Colgate-Palmolive from $72.00 to $76.00 and gave the inventory an “equal weight” ranking in a analysis report on Tuesday, November 1st. Wells Fargo & Firm lowered their value goal on Colgate-Palmolive from $80.00 to $75.00 and set an “equal weight” ranking on the inventory in a analysis report on Monday, October third. Lastly, Wolfe Analysis started protection on Colgate-Palmolive in a report on Monday, November twenty first. They set a “market carry out” ranking for the corporate.

Hedge Funds Weigh In On Colgate-Palmolive

Plenty of massive buyers have lately modified their holdings of CL. Retirement Guys Components LLC elevated its place in Colgate-Palmolive by 19.2% within the third quarter. Retirement Guys Components LLC now owns 5,297 shares of the corporate’s inventory price $372,000 after buying a further 852 shares through the interval. Perigon Wealth Administration LLC grew its place in shares of Colgate-Palmolive by 33.3% through the third quarter. Perigon Wealth Administration LLC now owns 14,528 shares of the corporate’s inventory price $1,021,000 after shopping for a further 3,630 shares through the interval. MQS Administration LLC purchased a brand new stake in shares of Colgate-Palmolive through the third quarter price roughly $210,000. EP Wealth Advisors LLC lifted its holdings in Colgate-Palmolive by 7.4% within the third quarter. EP Wealth Advisors LLC now owns 33,059 shares of the corporate’s inventory valued at $2,322,000 after shopping for a further 2,271 shares through the interval. Lastly, Bridgefront Capital LLC purchased a brand new place in Colgate-Palmolive within the third quarter valued at roughly $417,000. 77.63% of the inventory is at present owned by institutional buyers and hedge funds.

Colgate-Palmolive Buying and selling Up 0.2 %

Shares of Colgate-Palmolive stock opened at $79.45 on Friday. Colgate-Palmolive has a 1 12 months low of $67.84 and a 1 12 months excessive of $85.61. The corporate’s fifty day easy transferring common is $75.63 and its 200-day easy transferring common is $76.74. The corporate has a market cap of $66.36 billion, a price-to-earnings ratio of 34.54, a PEG ratio of seven.37 and a beta of 0.53. The corporate has a present ratio of 1.17, a fast ratio of 0.71 and a debt-to-equity ratio of seven.81.

Colgate-Palmolive (NYSE:CLGet Rating) final posted its quarterly earnings knowledge on Friday, October twenty eighth. The corporate reported $0.74 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.74. Colgate-Palmolive had a internet margin of 10.87% and a return on fairness of 304.29%. The corporate had income of $4.46 billion for the quarter, in comparison with the consensus estimate of $4.47 billion. Throughout the identical quarter within the earlier 12 months, the agency posted $0.81 EPS. The enterprise’s income was up .9% in comparison with the identical quarter final 12 months. As a bunch, sell-side analysts count on that Colgate-Palmolive will put up 2.97 EPS for the present 12 months.

About Colgate-Palmolive

(Get Rating)

Colgate-Palmolive Firm, along with its subsidiaries, manufactures and sells shopper merchandise worldwide. The corporate operates via two segments, Oral, Private and House Care; and Pet Diet. The Oral, Private and House Care phase presents toothpaste, toothbrushes, mouthwash, bar and liquid hand soaps, bathe gels, shampoos, conditioners, deodorants and antiperspirants, pores and skin well being merchandise, dishwashing detergents, material conditioners, family cleaners, and different associated objects.

Featured Tales

Analyst Recommendations for Colgate-Palmolive (NYSE:CL)

This prompt information alert was generated by narrative science know-how and monetary knowledge from MarketBeat as a way to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial staff previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.

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