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Street View: Colgate freshens up its story with local flair, global reach

RefinitivBacaan kurang dari 1 minit

** Colgate-Palmolive CL beat first-quarter sales and profit estimates on Friday, as resilient demand for its essentials, such as oral and personal care products, overcame rising prices and tariff uncertainties

** On average, toothpaste makers' stock is rated "buy" by 22 analysts; median PT is $97 - data compiled by LSEG

BRUSHING UP ON GROWTH

** J.P.Morgan ("overweight," PT: $95) views Colgate-Palmolive as core holding, supported by its resilience, diversified global footprint and consistent compounding growth

** Barclays ("equal weight," PT: $87) says Colgate's localized innovation and execution strategies give them confidence in co's ability to reignite growth and improve profitability

** Jefferies ("hold," PT: $95) says CL is well-positioned to benefit from emergence of revenue growth management in home and personal care, helped by diverse product-price-pack offerings, global footprint and digital capabilities

** Brokerage adds that focus on personal care and pet food segments offers long-term premiumization opportunities

** Morningstar (fair value: $85) says it's encouraging to see that Colgate isn't resting on its laurels but taking prudent approach by seeking additional cost savings to reinvest in its brands and core capabilities

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