Barclays has decided to maintain its Equal-Weight rating of Colgate-Palmolive (NYSE:CL) and lower its price target from $81.00 to $77.00.
Shares of Colgate-Palmolive are trading down 0.3% over the last 24 hours, at $74.95 per share.
A move to $77.00 would account for a 2.73% increase from the current share price.
About Colgate-Palmolive
Since its founding in 1806, Colgate-Palmolive has grown to become a leading global consumer product company. In addition to its namesake oral care line, the firm manufactures shampoos, shower gels, deodorants, and home care products that are sold in over 200 countries (international sales account for about 70% of its consolidated total, including approximately 45% from emerging regions). It also owns specialty pet food maker Hill's, which sells its products through veterinarians and specialty pet retailers.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
