Suitable for conservative investors, dominat global position, steady dividend,
In our view the company is a possibile target for a mega-merger and the target price could be between 85,00 and 95,00 dollars per share.
However, if the assumption of a merger does not arrive, we believe that CL is overvalued. And we think it is plausible to have a retraction that would bring the title to more consonant values.
Dividend yeld @ 2.60%.
Total debt: 6.5 billions,
Annual profit 1.4 billions dollars.
In our view the company is a possibile target for a mega-merger and the target price could be between 85,00 and 95,00 dollars per share.
However, if the assumption of a merger does not arrive, we believe that CL is overvalued. And we think it is plausible to have a retraction that would bring the title to more consonant values.
Dividend yeld @ 2.60%.
Total debt: 6.5 billions,
Annual profit 1.4 billions dollars.
