RBC Capital Sticks to Its Hold Rating for Colgate-Palmolive (CL)

RBC Capital analyst Nik Modi maintained a Hold rating on Colgate-Palmolive (CLResearch Report) on October 31 and set a price target of $82.00. The company’s shares closed yesterday at $72.77.

Modi covers the Consumer Goods sector, focusing on stocks such as Coty, Reynolds Consumer Products, and Duckhorn Portfolio. According to TipRanks, Modi has an average return of 8.2% and a 62.96% success rate on recommended stocks.

In addition to RBC Capital, Colgate-Palmolive also received a Hold from Barclays’s Lauren Lieberman in a report issued on November 1. However, on October 31, UBS maintained a Buy rating on Colgate-Palmolive (NYSE: CL).

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The company has a one-year high of $83.59 and a one-year low of $67.40. Currently, Colgate-Palmolive has an average volume of 4.29M.

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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.

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