Barclays analyst Lauren Lieberman maintained a Hold rating on Colgate-Palmolive (CL – Research Report) on February 23 and set a price target of $82.00. The company’s shares closed last Friday at $86.25.
According to TipRanks, Lieberman is a 3-star analyst with an average return of 2.1% and a 53.33% success rate. Lieberman covers the Consumer Defensive sector, focusing on stocks such as Church & Dwight, Coca-Cola, and Colgate-Palmolive.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Colgate-Palmolive with a $90.93 average price target.
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Based on Colgate-Palmolive’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $4.95 billion and a net profit of $718 million. In comparison, last year the company earned a revenue of $4.63 billion and had a net profit of $5 million
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Colgate-Palmolive (CL) Company Description:
Colgate-Palmolive Company is a multinational consumer products name engaged in production and distribution of household, personal care, oral care, health care, and veterinary products. The company sells its products across more than 200 countries and territories. The company’s well known global brands include Colgate, Palmolive, Speed Stick, Lady Speed Stick, Ajax, Softsoap and Hill’s pet Nutrition. It has two operating business segment – Oral, Personal and Home Care, and Pet Nutrition.
Read More on CL:
- Colgate-Palmolive Welcomes Brian Newman to Board of Directors
- Colgate-Palmolive price target raised to $97 from $88 at Argus
- Colgate-Palmolive price target raised to $96 from $85 at Bernstein
- Colgate-Palmolive price target raised to $93 from $85 at Morgan Stanley
- Colgate-Palmolive price target raised to $88 from $80 at Wells Fargo
