From our last analysis on September this share has dropped a lot, and we think that now is oversold. It remain a possibile target for a mega-merger and the target price could be between 85,00 and 95,00 dollars per share. Suitable for conservative investors, dominat global position, steady dividend,
Interesting news:
Yesterday 15/05/2018 on the Option Market there was a massive CALL buy on this contract: Strike: 67.50$, 16/11/2018, Price: 1.19$, Volume: 10.251
This implied a bet on 0.14% of the total share outstanding of CL.
For the three months ended March 31st, 2018 vs March 31st, 2017, Colgate-Palmolive reported revenue of $4,002.00MM vs $3,762.00MM (up 6.38%) and basic earnings per share $0.72 vs $0.64 (up 12.50%).
For the twelve months ended December 31st, 2017 vs December 31st, 2016, Colgate-Palmolive reported revenue of $15,454.00MM vs $15,195.00MM (up 1.70%) and basic earnings per share $2.30 vs $2.74 (down 16.06%).
mgiuliani
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Yesterday 15/05/2018 on the Option Market there was a massive CALL buy on this contract: Strike: 67.50$, 16/11/2018, Price: 1.19$, Volume: 10.251
This implied a bet on 0.14% of the total share outstanding of CL.
Ref: nasdaq.com/symbol/cl/option-chain/181116C00067500-cl-call