|
09 Sep 2025 |
Colgate-Palmolive
|
Consensus Share Price Target
|
2398.90 |
2514.58 |
- |
4.82 |
hold
|
|
|
|
|
27 Oct 2023
|
Colgate-Palmolive
|
Axis Direct
|
2398.90
|
2100.00
|
2080.50
(15.30%)
|
Target met |
Hold
|
|
|
Pricing Led the Growth: Q2FY24 results were ahead of our estimates. The company's revenue grew by 6.1% YoY (Domestic sales grew by 6.6%), while volume stood flat
|
|
26 Oct 2023
|
Colgate-Palmolive
|
Prabhudas Lilladhar
|
2398.90
|
1948.00
|
2034.40
(17.92%)
|
|
Hold
|
|
|
|
|
27 Sep 2023
|
Colgate-Palmolive
|
IDBI Capital
|
2398.90
|
2375.00
|
2050.40
(17.00%)
|
Target met |
Buy
|
|
|
|
|
12 Sep 2023
|
Colgate-Palmolive
|
Geojit BNP Paribas
|
2398.90
|
2150.00
|
1990.30
(20.53%)
|
Target met |
Hold
|
|
|
|
|
22 Aug 2023
|
Colgate-Palmolive
|
Prabhudas Lilladhar
|
2398.90
|
1869.00
|
1939.75
(23.67%)
|
|
Hold
|
|
|
|
|
27 Jul 2023
|
Colgate-Palmolive
|
ICICI Securities Limited
|
2398.90
|
2000.00
|
1883.60
(27.36%)
|
Target met |
Accumulate
|
|
|
1QFY24 was above our and consensus estimates. Colgate reported double-digit revenue growth of 11% (high teens growth in toothpaste portfolio) on a normalised basis after ~5 years, which appears to be driven by balanced volume and price/mix growth.
|
|
27 Jul 2023
|
Colgate-Palmolive
|
Axis Direct
|
2398.90
|
1830.00
|
2001.90
(19.83%)
|
|
Hold
|
|
|
With a limited upside potential from the CMP, we ascribe a HOLD rating on the stock.
|
|
26 Jul 2023
|
Colgate-Palmolive
|
Prabhudas Lilladhar
|
2398.90
|
1869.00
|
1883.60
(27.36%)
|
|
Hold
|
|
|
|
|
18 May 2023
|
Colgate-Palmolive
|
Geojit BNP Paribas
|
2398.90
|
1780.00
|
1635.60
(46.67%)
|
Target met |
Hold
|
|
|
|
|
15 May 2023
|
Colgate-Palmolive
|
Axis Direct
|
2398.90
|
1730.00
|
1673.65
(43.33%)
|
Target met |
Hold
|
|
|
Company Outlook & Guidance: We increase our FY24/25 estimates by 11%/10%. However, due to limited upside potential from the CMP, we maintain our HOLDratingon the stock.
|