Colgate-Palmolive: Jefferies still on Hold

(CercleFinance.com) - Jefferies confirms its 'Hold' recommendation on the stock, with an unchanged price target of $101, ahead of its Q3 results.


Analysts expect EPS to decline slightly (below consensus) ahead of Q3 results due to lower volumes from the Hill's business.

For the full year, Colgate is expected to confirm its sales growth guidance of +6% to +8%, with EPS growth of +8% to +11%, Jefferies adds.


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