Bank of America cuts target for Colgate-Palmolive stock
Published on 10/16/2026 at 10:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSInvestor calendar and estimates
- Bank of America kept a Buy rating and cut its target to USD 100.00 on October 9, 2026.
- Second-quarter revenue reached USD 5.36 billion, up 4.90 percent year over year.
- Colgate-Palmolive stock trades at EUR 82.30 at 10:30 a.m. CEST at Lang & Schwarz on October 16, 2026, 1.60 percent below the Xetra close of October 15, 2026.
- Colgate-Palmolive will report results on October 30, 2026, before the open.
Colgate-Palmolive stock was trading at EUR 82.30 at Lang & Schwarz on October 16, 2026, at 10:30 a.m. CEST, down 1.60 percent versus the Xetra close of October 15, 2026. The latest analyst move came from Bank of America, which cut its target from USD 102.00 to USD 100.00 while maintaining a Buy rating on October 9, 2026, according to MarketBeat.
Analyst targets stay above the quote
The target cut leaves Bank of America's published valuation above the euro quote when compared in the same original currency only through the separate market contexts. MarketBeat cited an average analyst target of USD 97.95 and a Moderate Buy consensus from 13 Buy ratings and seven Hold ratings. That mix gives the stock a defined earnings test rather than a purely technical story.
Colgate-Palmolive's second-quarter results supplied the latest operating benchmark. Revenue reached USD 5.36 billion, up 4.90 percent from the prior-year quarter, while adjusted earnings per share came to USD 0.99 against a USD 0.95 consensus estimate, according to MarketBeat. The earnings beat was USD 0.04 per share, while revenue matched the cited estimate.
Three dates frame the stock
Colgate-Palmolive's recent chronology runs from the second-quarter report on July 31, 2026, with USD 5.36 billion in revenue, through its USD 0.53 quarterly dividend declaration on September 17, 2026, to Bank of America's USD 100.00 target on October 9, 2026. The company distributes oral care, personal care, home care and pet nutrition products, a portfolio described by Colgate-Palmolive.
What does the target cut mean?
The immediate valuation signal is cautious rather than uniformly negative: Bank of America reduced its target by USD 2.00, while the broader consensus target remained USD 97.95. The next earnings report is scheduled for October 30, 2026, before the open, with the prior quarter's USD 0.99 adjusted earnings per share setting the comparison point, according to Gekko.
Dividend date comes first
Shareholders of record on October 20, 2026, are due the USD 0.53 quarterly dividend, with payment scheduled for November 13, 2026, according to MarketBeat. The October 30 results date is the next larger test for the operating trend and the analyst targets.
Stock trades below the Xetra close
Colgate-Palmolive was trading at EUR 82.30 at Lang & Schwarz on October 16, 2026, at 10:30 a.m. CEST, 1.60 percent below the Xetra close of October 15, 2026 at EUR 83.64. On the NYSE, the stock was last quoted in USD, with a market capitalization of USD 73.92 billion and a 52-week range of USD 74.54 to USD 99.33 in the October 15, 2026 market context.
The further course of trading is shown by the continuously updated real-time quote of Colgate-Palmolive stock.
Colgate-Palmolive stock key facts
- Company: Colgate-Palmolive Company
- ISIN: US1941621039
- Ticker: CL
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 16, 2026, 10:30 a.m. CEST): EUR 82.30
- Change versus Xetra close: minus 1.60 percent
- Xetra close (October 15, 2026): EUR 83.64
- Market capitalization: USD 73.9 billion (as of October 15, 2026)
- 52-week range: USD 74.54-99.33 (as of October 15, 2026)
- Sector: Consumer staples
- Next earnings date: October 30, 2026
Market context: Market report S&P 500.
