Colgate Share Price Target 2023 , 2024 , 2025 , 2026 , 2027 , 2028 & 2030

Introduction

Colgate-Palmolive Company is a multinational consumer packaged goods company headquartered in New York City. The company is best known for its toothpaste, but it also produces a wide range of other personal care products, including toothbrushes, mouthwash, soap, and deodorant.

Factors Affecting Colgate Share Price

There are a number of factors that could affect the share price of Colgate in the coming years. These include:

  • The performance of the global economy: If the global economy grows, it will likely lead to increased demand for Colgate’s products.
  • The growth of the toothpaste market: The toothpaste market is expected to grow in the coming years, due to increasing awareness of oral health.
  • The competitive landscape: Colgate faces competition from other toothpaste brands, such as Crest and Aquafresh. However, the company is the market leader, and it has a strong brand reputation.
  • The company’s financial performance: Colgate’s share price will be affected by its financial performance. If the company reports strong earnings and revenue growth, the share price is likely to rise.
  • Analyst sentiment: Analyst sentiment can also affect the share price of Colgate. If analysts are bullish on the company, the share price is likely to rise.

Colgate Share Price Target 2023 , 2024 , 2025 , 2026 , 2027 , 2028 & 2030

YearMinimum Target Price (in USD)Maximum Target Price (in USD)
20237580
20248085
20258590
20269095
202795100
2028100105
2029105110
2030110115

Analyst Predictions for Colgate Share Price

Analysts have a mixed outlook for Colgate’s share price in the coming years. Some analysts believe that the share price will rise, while others believe that it will fall.

A recent report by Morningstar analysts predicted that Colgate’s share price could reach $80 by 2023. The report cited the company’s strong brand reputation and its leading position in the toothpaste market as reasons for the bullish outlook.

However, a report by Credit Suisse analysts was more cautious. The report predicted that Colgate’s share price could fall to $60 by 2023. The report cited the increasing competition in the toothpaste market as a reason for the bearish outlook.

Overall, the outlook for Colgate’s share price is uncertain. The share price could rise or fall, depending on a number of factors.

Conclusion

The share price of Colgate is likely to be affected by a number of factors in the coming years. Investors should carefully consider these factors before investing in the company’s shares.