European stock markets fall on trade war concerns By Investing.com
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 20 2024
0mins
Source: Investing.com
European Stock Market Decline: European stock markets fell due to concerns over a potential trade war with the US, exacerbated by President-elect Trump's tariff threats against the EU and disappointing economic data from Germany and the UK.
Impact on Oil Prices and Political Uncertainty: Crude oil prices dropped amid fears of weakening demand and a looming US government shutdown, while specific stocks like ITM Power rose after securing contracts, contrasting with Synairgen's significant decline following a fundraising announcement.
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Analyst Views on CL
Wall Street analysts forecast CL stock price to fall
15 Analyst Rating
10 Buy
4 Hold
1 Sell
Moderate Buy
Current: 89.850
Low
77.00
Averages
87.79
High
95.00
Current: 89.850
Low
77.00
Averages
87.79
High
95.00
About CL
Colgate-Palmolive Company is a growth company. It is focused on Oral Care, Personal Care, Home Care and Pet Nutrition, it sells its products under brands, such as Colgate, Palmolive, elmex, hello, meridol, Sorriso, Tom's of Maine, EltaMD, Filorga, Irish Spring, Lady Speed Stick, PCA SKIN, Protex, Sanex, Softsoap, Speed Stick, Ajax, Axion, Fabuloso, Murphy, Soupline and Suavitel, as well as Hill's Science Diet and Hill's Prescription Diet. Its Oral, Personal and Home Care product segment is managed geographically in five segments, such as North America, Latin America, Europe, Asia Pacific and Africa/Eurasia, all of which sell primarily to a variety of traditional and e-commerce retailers, wholesalers, distributors, dentists and skin health professionals. Its Pet Nutrition products include specialty pet nutrition products manufactured and marketed by Hill's Pet Nutrition. The customers for Pet Nutrition products are authorized pet supply retailers, veterinarians and e-commerce retailers.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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