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Societe Generale prefers Church & Dwight to Colgate-Palmolive

Published 11/29/2017, 11:41 AM
© Reuters.  Societe Generale prefers Church & Dwight to Colgate-Palmolive
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  • Societe Generale (PA:SOGN) pulled a ratings switch in the consumer products sector earlier today.
  • The French financial giant upgraded Church & Dwight (CHD +2.4%) to Buy from Hold with a price target of $54 and downgraded Colgate-Palmolive (CL -0.7%) to Sell from Hold on concerns over valuation.
  • Shares of Colgate-Palmolive are up 11.2% YTD to push the PE ratio on the stock to 24, while Church & Dwight is up 3.3% and trades with a 22 PE.
  • Now read: Dividend Aristocrats In Focus Part 36: Colgate-Palmolive


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