Colgate-Palmolive Company (CL) continues to demonstrate promising market performance as it trends towards higher levels despite cost challenges and competitive pressures. The strong Q1 2024 results coupled with increased sales guidance underpin a positive outlook. It's a favorite for institutional investors with over 80% ownership. The dividend has been increased, contributing to shareholder value. Despite a rising dividend and high demand, there are concerns about returns on capital. Deutsche Bank raised the price target to $98 underpinning investor confidence. The company outperformed its competitors on multiple occasions, showing resilience and growth potential.
Colgate-Palmolive Company CL News Analytics from Fri, 27 Oct 2023 07:00:00 GMT to Wed, 08 May 2024 17:18:02 GMT -
Rating 7
- Innovation 2
- Information 8
- Rumor -3
