COLGATE

COLGATE

28.01.2022 - Jefferies on Colgate Maintain Buy CMP 1391 Target 1700
28.01.2022 - Nomura on Colgate Maintain Neutral CMP 1391 Target 1700
28.01.2022 - CLSA on Colgate Maintain Outperform CMP 1391 Target 1540

JPMORGAN ON COLGATE : 30.07.2021

* JPMorgan downgrades Colgate to Neutral, sees limited scope for EPS upgrades & valuation re-rating
* DOWNGRADE NEUTRAL TARGET: 1,850
* Unexciting Revenue Momentum & Peak Margin Mean No Catalysts For EPS Upgrades
* Forecast A Revenue CAGR Of 8% Over FY21-24, Which Puts Co At Lower End Of Peer Grp
* See Limited Scope For EPS Upgrades & Valuation Re Rating