logo
  Join        Login             Stock Quote

Colgate-Palmolive (CL) PT Lifted To $105 By Deutsche Bank, 'Buy' Maintained

 April 27, 2012 02:41 PM
 


Deutsche Bank (DB) increased its price target on shares of Colgate-Palmolive Co. (NYSE:CL) to $105 from $103 while maintaining its "Buy" rating.

With top-line growth accelerating off undemanding comparisons and operating leverage and moderating commodities boosting margins with easing foreign exchange headwinds in the back half of the year, underlying fundamentals are solid and should continue to improve.

While relative valuation is extended and sets a high bar for future outperformance, Colgate remains a defensive, oral care category killer in a modestly improving consumption environment with solid innovation tail winds.

Colgate-Palmolive is a consumer products company. The company's products are marketed in over 200 countries and territories worldwide. The company operates in two product segments: Oral, Personal and Home Care; and Pet Nutrition.

CL is trading down 1.29% at $98.19 on Friday.

iOnTheMarket Premium
Advertisement

Advertisement


Post Comment -- Login is required to post message
Name:  
Alert for new comments:
Your email:
Your Website:
Title:
Comments:
 

rss feed

Latest Stories

article imageSix Stocks that Could Outperform in the next 90 days

Earlier today, Goldman Sachs put out its list of the 50 stocks that Matter Most. It’s a list of the 50 read on...

article imageFoot Locker, Inc. (FL) Q2 Earnings Preview: Running Past the Street View

Foot Locker, Inc. (NYSE:FL) plans to report financial results for its second quarter ended August 2, 2014 read on...

article imageRoss Stores, Inc. (ROST) Q2 Earnings Preview: Could Be Better Than Expected

Ross Stores, Inc. (NASDAQ:ROST) will announce its second quarter 2014 earnings results on Thursday, August read on...

article imageGameStop Corp. (GME) Q2 Earnings Preview: The New Masking the Old?

GameStop Corp. (NYSE:GME) will report earnings results after the market closes on Thursday, August 21, 2014 read on...

Advertisement
Popular Articles

Advertisement
Daily Sector Scan
Partner Center

Related Articles:

For Maximum Total Return Go For Growth
More Articles on: Consumer Staples



Fundamental data is provided by Zacks Investment Research, and Commentary, news and Press Releases provided by YellowBrix and Quotemedia.
All information provided "as is" for informational purposes only, not intended for trading purposes or advice. iStockAnalyst.com is not an investment adviser and does not provide, endorse or review any information or data contained herein.
The blog articles are opinions by respective blogger. By using this site you are agreeing to terms and conditions posted on respective bloggers' website.
The postings/comments on the site may or may not be from reliable sources. Neither iStockAnalyst nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. You are solely responsible for the investment decisions made by you and the consequences resulting therefrom. By accessing the iStockAnalyst.com site, you agree not to redistribute the information found therein.
The sector scan is based on 15-30 minutes delayed data. The Pattern scan is based on EOD data.