Colgate-Palmolive has a mix of bullish and bearish analyst ratings, with 2 analysts rating the stock "bullish", 2 rating it "somewhat bullish", and 1 rating it "indifferent". The average 12-month price target is $100.6, with a high estimate of $108.00 and a low estimate of $87.00. Analysts have recently updated their ratings and price targets, with some lowering or raising their expectations for the company's performance.
Colgate-Palmolive (CL) has been the subject of varying analyst sentiments, with a mix of bullish, somewhat bullish, and indifferent ratings. According to recent data, 2 analysts rated the stock "bullish", 2 analysts rated it "somewhat bullish", and 1 analyst rated it "indifferent". This diverse outlook is reflected in the average 12-month price target of $100.6, with a high estimate of $108.00 and a low estimate of $87.00 [2].
In the latest quarter, analysts have updated their ratings and price targets for Colgate-Palmolive, showcasing a dynamic market environment. For instance, JP Morgan's Andrea Teixeira lowered the price target from $103.00 to $99.00 while maintaining an "Overweight" rating [1]. UBS's Peter Grom also lowered the price target from $109.00 to $106.00, indicating a more cautious stance [2]. Meanwhile, Barclays' Lauren Lieberman raised the price target from $86.00 to $87.00, suggesting a more optimistic view [2].
The overall consensus remains positive, with 22 out of 22 brokerage firms rating Colgate-Palmolive as "Outperform" [1]. However, the recent earnings report is expected to show a decline in earnings on higher revenues, indicating potential headwinds [3]. The stock might move higher if the actual results exceed expectations, but a miss could lead to a price decrease.
Colgate-Palmolive's strong financial performance, highlighted by a net margin of 14.05% and a return on equity of 240.0%, suggests robust profitability and effective cost control [2]. However, the company's debt-to-equity ratio of 22.78 indicates a higher reliance on borrowed funds, which could be a concern for investors [2].
Investors should closely monitor the upcoming earnings report and analyst updates to gauge the company's performance and adjust their investment strategies accordingly. Staying informed about analyst ratings and price targets can provide valuable insights into Colgate-Palmolive's market position and potential future performance.
References:
[1] https://www.gurufocus.com/news/3006760/jp-morgan-lowers-price-target-for-colgatepalmolive-cl-cl-stock-news
[2] https://www.benzinga.com/insights/analyst-ratings/25/07/46645879/breaking-down-colgate-palmolive-5-analysts-share-their-views
[3] https://finance.yahoo.com/news/analysts-estimate-colgate-palmolive-cl-140002950.html
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