Analysts Offer Insights on Consumer Goods Companies: Eastman Chemical (EMN) and Colgate-Palmolive (CL)


Analysts fell to the sidelines weighing in on Eastman Chemical (NYSE:EMN) and Colgate-Palmolive (NYSE:CL) with neutral ratings,indicating that the experts are neither bullish nor bearish on the stocks.

Eastman Chemical (EMN)

Barclays analyst Duffy Fischer maintained a Hold rating on Eastman Chemical yesterday and set a price target of $95. The company’s shares opened today at $76.39, close to its 52-week low of $73.95.

According to TipRanks.com, Fischer is a 4-star analyst with an average return of 15.4% and a 55.4% success rate. Fischer covers the Consumer Goods sector, focusing on stocks such as Sherwin-Williams Company, Axalta Coating Systems, and Venator Materials Plc.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Eastman Chemical with a $90.50 average price target, implying a 18.5% upside from current levels. In a report issued on October 15, Nomura also maintained a Hold rating on the stock with a $99 price target.

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Colgate-Palmolive (CL)

In a report released yesterday, Lauren Lieberman from Barclays maintained a Hold rating on Colgate-Palmolive, with a price target of $58. The company’s shares opened today at $58.31, close to its 52-week low of $57.41.

According to TipRanks.com, Lieberman is a 2-star analyst with an average return of 0.0% and a 50.5% success rate. Lieberman covers the Consumer Goods sector, focusing on stocks such as Constellation Brands Inc, Procter & Gamble, and Kimberly Clark.

The word on The Street in general, suggests a Hold analyst consensus rating for Colgate-Palmolive with a $62.13 average price target, representing a 6.6% upside. In a report issued on October 26, SunTrust Robinson also downgraded the stock to Hold with a $65 price target.

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