The Latest Analyst Ratings for Colgate-Palmolive
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 9 Wall Street analysts have published their opinions on Colgate-Palmolive (NYSE:CL), with 4 bullish, 2 somewhat bullish, and 3 indifferent ratings. The average 12-month price target for CL is $81.22, with a high of $87.00 and a low of $73.00, representing a 4.6% decrease from the previous target of $85.14. Analyst ratings are important as they provide investors with insights into stock performance based on research and financial analysis.
November 13, 2023 | 2:00 pm
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NEUTRAL IMPACT
Colgate-Palmolive received mostly positive ratings from analysts, with a new average price target of $81.22, which is lower than the previous target. This suggests a cautious outlook from analysts despite the overall positive sentiment.
The majority of analysts have a positive outlook on CL, with no bearish ratings. However, the decrease in the average price target could indicate a tempered expectation for growth or potential headwinds. The short-term impact is likely neutral as the positive ratings may balance out the lower price target.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100