The opening price for Colgate-Palmolive Company (NYSE:CL) was $73.08 and the volume amounted to 2940309 shares which compares with the average volume of 3200760 shares. The company stock experienced a -0.41% move to arrive at $72.75.Colgate-Palmolive Company (CL) Analyst Opinion
Colgate-Palmolive Company is currently rated as hold by 21 stock analysts, with the company still having around 1.3% shares outstanding that can be sold short legally. The value of their shares went up by 2.25% last month. Over the course of a year, the stock has grown by 22.23%. Financial analysts are becoming more bullish than ever, with the 5 analysts who cover the activities of CL advising investors to buy. Experts on Wall Street have set a price target of $70.02 for the stock. The decision was arrived after looking at their -3.75% decline from current levels. At the moment, Colgate-Palmolive Company (CL) trading price is around -1.87% below its 52-week high.
Colgate-Palmolive Company (CL) was successful in overcoming the expected $0.66 as the stock recorded an earnings of $0.67 a piece during their last financial report presentation. Revenue, meanwhile, had a distance of 1.25% from the previous quarter, with the company recording $3.86 billion in revenue.Colgate-Palmolive Company (NYSE:CL) Intraday View
The shares of Colgate-Palmolive Company (NYSE:CL) have struggled and recovered 26.72% ever since it recorded its 52 week low. During the course of 5 days, the stock price volatility has remained at 1.44%, increasing the time frame to a month, the volatility recorded was 1.33%. The price of their shares has been successful in staying above its 20 day-moving average, staying at a distance of 1.46% and while its 50-day moving average is around 3.12%. In a look at the previous five trading session CL stock has returned -0.49% and has spiked 10.55% when compared to its 200-day moving average that is $66.4. Colgate-Palmolive Company (CL) will look to keep its 14.15% increase that it witnessed in the past year.
As the normal trading session ended, the stock of Occidental Petroleum Corporation (NYSE:OXY), fetched in a $0.94 spike to $49.73. The session began with the stock price at $49.57, hitting a high of $49.8 before down again. For the week, analysts seem to be okay with their neutral with the consensus call staying at 2.5. Occidental Petroleum Corporation gets 2 buy analyst recommendations while 14 recommend a hold and 0 rated it as a sell. The shares of the company tumbled -42.58% from its high $86.6, with their overall market value now roughly $38.13 billion.Occidental Petroleum Corporation (OXY) Consensus Price Target
The mean recommendation of OXY on Reuter’s scale upped from 2.37 to 2.6 within 30 days. This figure implies that the majority of analysts rate it as a hold. The price target for Occidental Petroleum Corporation (NYSE:OXY) is now around $73.5 a share, implying the stock has what it takes to grow by 47.8%. The recent trading session also indicated the stock needs to add 82.99% more meet analysts’ high consensus price target.
The current trading volume of the company was 8000608 shares during the last session. That compares with the recent average volume of 10020420 shares. By the end of the regular trading session, the price volatility over a 1-week span was 1.94 % while over a month it stood at 2.43%. The stock price of OXY dropped to $49.135 during the day and at a certain time in 12 months it traded as low as $47. It has made a 5.81% recovery since its 52-week low point and has returned -18.98% year-to-date. [T3]