Recent information indicates a
mixed outlook for Colgate-Palmolive Co (CL). An
analyst at JPMorgan Chase has lowered the target price to
$99.00. However, the company continues to display
robust momentum ahead of its August earnings, despite estimates predicting a potential decline. A few insiders are disposing of their CL stocks, ringing potential
bearish signals. Meanwhile,
Stevens Capital Management has increased their stake, and
JP Morgan has lowered the price target, indicating a certain volatility. Institutional owners hold a
favorable 86% of the company. Yet, news of Monday’s
stock crash remains concerning. Still, Colgate-Palmolive's reputation as a
hard company to beat within the FMCG sector, and being labeled
‘recession-resistant’ by Jim Cramer, speaks for its resilience. Several shareholders, including
secured Retirement Advisors and
IFM Investors, have recently increased their shareholdings. The
target price cut to $106.00 by UBS, coupled with warnings about the impact of foreign exchange rates on sales, may impact the overall outlook. Despite this, investors have reportedly seen
44% return over the past five years.
Colgate-Palmolive Company CL News Analytics from Fri, 31 Jan 2025 08:00:00 GMT to Sat, 26 Jul 2025 22:47:27 GMT -
Rating -5
- Innovation 0
- Information 6
- Rumor 4
