Zacks Investment Research downgraded Colgate-Palmolive Company (NYSE:CL) to Hold in a report released today.
- Updated: September 20, 2016
Yesterday Colgate-Palmolive Company (NYSE:CL) traded 0.75% higher at $72.74. Colgate-Palmolive Company’s 50-day moving average is $74.03 and its two hundred day moving average is $72.05. The last stock price close is up 0.94% from the 200-day average, compared with the Standard & Poor’s 500 Index which has decreased -0.01% over the date range. 1,355,357 shares of Colgate-Palmolive Company exchanged hands, down from ann avg. trading volume of 3,010,180.
Zacks Investment Research has downgraded Colgate-Palmolive Company(NYSE:CL) to Hold in a report released Tuesday September 20 2016.
Recent Performance Chart:
Also covering Colgate-Palmolive Company’s stock price target, a total of 17 brokerages have issued a ratings update on CL. The one year target is $72.82 with one firm rating the stock a strong buy, three analysts rating the stock a buy, 18 firms rating the stock a hold, one firm rating the company to underperform, and finally 0 analysts rating the stock as sell.
Colgate-Palmolive Company has a 52 week low of $61.40 and a 52 week high of $75.38 with a PE ratio of 47. The company’s market cap is presently $0.0.
About Colgate-Palmolive Company (NYSE:CL)
Colgate-Palmolive Company (Colgate) is a consumer products company, whose products are marketed in over 200 countries and territories throughout the world. The Company’s segments include Oral, Personal and Home Care, and Pet Nutrition. The Oral, Personal and Home Care product segment is operated through over five geographic segments, which include North America, Latin America, Europe/South Pacific, Asia and Africa/Eurasia. The Company’s oral care products include Colgate Total; Colgate Sensitive Pro-Relief, Colgate Max Fresh, Colgate Maximum Cavity Protection with Sugar Acid Neutralizer and others. Colgate’s Oral Care business also includes pharmaceutical products for dentists and other oral health professionals. The Company, through its Hill’s Pet Nutrition segment, manufactures pet nutrition products for dogs and cats with products marketed in over 80 countries across the world. The Company sells its personal care products under the Palmolive, and Protex and Softsoap brands.
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