24 Oct 2025 | 5 Mins Read
ICICI Securities targets Colgate Palmolive stock price of Rs 1800
Flipitmoney
Colgate Palmolive's Q2FY26 results show a 6.2% YoY revenue decline, implying a 7-8% volume decline due to GST-led destocking and competitive intensity. Valuation at 40x P/E for Sep'27E leaves little room for patience. Earnings estimates are cut by ~6%/8% for FY26-27E; Icici Securities maintains a SELL rating with a DCF-based target price of INR 1,800.