Colgate-Palmolive Surges to 125th in Trading Volume with $619 Million in Shares Exchanged

Volume AlertsFriday, May 23, 2025 8:08 pm ET
1min read

On May 23, 2025, Colgate-Palmolive (CL) saw a significant increase in trading volume, with a total of $619 million in shares exchanged, marking a 33.35% rise from the previous day. This surge placed Colgate-Palmolive at the 125th position in terms of trading volume for the day. The stock price of Colgate-Palmolive also rose by 1.86%.

Analysts have provided a range of price targets for Colgate-Palmolive, with the average target set at $102.12. The highest estimate among these targets is $110.00, indicating a bullish outlook for the company's stock performance over the next year.

Colgate-Palmolive has been recognized for its strategic focus on increasing brand spending to enhance its competitive edge. The company, founded in 1806, has grown to become a leading player in the household and personal care sector. Its product portfolio includes oral care, shampoos, shower gels, deodorants, and homecare products, which are sold in over 200 countries. International sales account for approximately 70% of its total business, with a significant portion coming from emerging markets.

Despite the positive outlook, some analysts have expressed bearish sentiments, with an average target price of $98.36. This discrepancy in analyst opinions reflects the mixed market sentiment surrounding Colgate-Palmolive's stock. The company's current stock price is $92.59, and it has a consensus rating of Hold, based on 10 buy ratings, 9 hold ratings, and 1 sell rating.

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