Buy Colgate Palmolive.: IIFL Research's Target Price Rs 2725

IIFL Research has buy call on Colgate Palmolive. at current market price of Rs 2664. The target price of Colgate Palmolive. is Rs 2725.

About Colgate Palmolive.:

Colgate-Palmolive (India) Limited is a leading provider of oral care, personal care, home care, and pet nutrition products in India. Incorporated in 1937, it is a subsidiary of Colgate-Palmolive Company, a global leader in the consumer products industry. With a strong portfolio of brands such as Colgate, Palmolive, and Protex, the company holds a significant market share in oral care, dishwashing, and personal care segments. Colgate-Palmolive India has a wide distribution network reaching over 6 million retail outlets and a manufacturing facility in Aurangabad, Maharashtra. The company is committed to delivering high-quality products and promoting oral health awareness through its various initiatives.

52 Week Price Trend:

COLPAL, with a CMP of Rs 2664, has experienced a 52-week high of Rs 2621.7 and a 52-week low of Rs 1454.05. This indicates a substantial range of volatility for the stock, with a maximum possible gain or loss of around Rs 1210 (or approximately 45.4%) over the past year. Investors should consider these price fluctuations and their own risk tolerance when making investment decisions.

Stratzy's Analysis:

COLPAL's AA- rating from Stratzy's MOST framework indicates that it has a low fundamental risk. This rating is based on an assessment of the company's management, outlook, safety, and trend. COLPAL's strong management team, positive outlook, and safe operations contribute to its low risk profile.

Company's Fundamentals:

Colgate Palmolive (NSE: COLPAL) currently has a Stock PE ratio of 53.76, indicating that investors are paying ₹53.76 for every ₹1 of the company's earnings per share. The PB Ratio of 38.89 suggests that the market value of the company's stock is 38.89 times its book value, implying a premium valuation. However, despite its high valuation, the company offers a modest dividend yield of 1.55%, providing investors with a balance of growth and income potential.

Fundamental and Technical information provided in this blog were last updated on 13 Mar, 2024

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