BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Religare maintains sell on Colgate Palmolive India
Religare has maintained "sell" rating on Colgate with a target price of Rs 920 up from earlier target of Rs 800. At current valuation of 38.3 times estimated FY18 earnings, Colgate shares seem rich considering an expected 12.9 per cent earnings CAGR (compound annual growth rate) over FY16-19.