Colgate Rating
CLSA ON COLGATE - 18.05.2021
* CLSA continues to maintain Outperform on Colgate after co delivers results better than expectations
* MAINTAIN OUTPERFORM TARGET: 1,825
* New Initiatives Pursued Well, Strategic Execution Critical
* Result Better Than Expectations, Aided By A Strong Recovery
* Approach To Expand Category, Drive Premiumisation Working Well
CS ON COLGATE - 18.05.2021
* CS maintains outperform call, but raises target for Colgate to Rs 1,850/sh
* MAINTAIN OUTPERFORM TARGET: 1,850
* Solid Revenue Growth, Strong Margin Expansion
* It's No Longer Underperforming The Growth Of Other HPC Cos
CITI ON COLGATE - 18.05.2021
* Another qtr where Colgate lagged Dabur's oral care growth & perhaps also HUL, says Citi. It maintains sell call on the stock
* MAINTAIN SELL TARGET: 1,550
* Biggest Reason For Earnings Beat Was Cut In Ad Spends
* Revenue Growth Of 20% On Last Year's Weak Base Implies 5.5% 2-yr CAGR
* Another Qtr Where Co Lagged Dabur's Oral Care Growth & Perhaps Also HUL
