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Stocks•4 May 2026•

1 min read

RBC Reaffirms Outperform Rating for Colgate-Palmolive with 19% Upside Potential

Key Facts

1Royal Bank of Canada reaffirmed an Outperform rating for Colgate-Palmolive with a $102 price target.

2The price target suggests a nearly 19% upside from current trading levels.

3The consensus average price target for CL shares stands at $95.63.

Royal Bank of Canada (RBC) has reaffirmed its "Outperform" rating for Colgate-Palmolive (CL), maintaining a price target of $102. This target suggests a potential upside of nearly 19% from the stock's current trading levels. The reaffirmation follows a strong first-quarter performance where the company exceeded earnings expectations, bolstering analyst confidence. While RBC remains bullish, the consensus average price target among analysts stands slightly lower at $95.63. Currently, CL shares maintain a consensus "Moderate Buy" rating as the stock trades below several key analyst targets. This move highlights RBC's positive outlook on the consumer goods giant's ability to sustain growth momentum despite broader market fluctuations.