RBC Capital analyst Nik Modi maintained a Hold rating on Colgate-Palmolive on Friday, setting a price target of $85, which is approximately 3.01% above the present share price of $82.52.
Modi expects Colgate-Palmolive to post earnings per share (EPS) of $0.75 for the fourth quarter of 2021.
The current consensus among 9 TipRanks analysts is for a Moderate Buy rating of shares in Colgate-Palmolive, with an average price target of $84.75.
The analysts price targets range from a high of $95 to a low of $77.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $4.41 billion and a net profit of $967 million. The company's market cap is $69.52 billion.
According to TipRanks.com, RBC Capital analyst Nik Modi is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 14.0% and a 72.28% success rate.
Colgate-Palmolive Company (NYSE:CL) 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.