Wells Fargo analyst Bonnie Herzog maintained a Hold rating on Kimberly Clark (KMB) today and set a price target of $120. The company’s shares opened today at $130.25, close to its 52-week high of $132.47.
Herzog wrote:
“We maintain our Market Perform rating, though broadly we are more confident, and we flow through the Q1 EPS beat and increase our FY19/FY20 EPS ests. by $0.12 to $6.67/$7.02 & our price target by $5 to $120.”
According to TipRanks.com, Herzog is a 4-star analyst with an average return of 4.6% and a 65.7% success rate. Herzog covers the Consumer Goods sector, focusing on stocks such as Coca-Cola European Partners plc, The Estée Lauder Companies Inc, and Constellation Brands Inc.
Currently, the analyst consensus on Kimberly Clark is a Hold with an average price target of $116.29.
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Kimberly Clark’s market cap is currently $42.62B and has a P/E ratio of 30.66. The company has a Price to Book ratio of -148.50.
Based on the recent corporate insider activity of 41 insiders, corporate insider sentiment is negative on the stock.
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Kimberly-Clark Corp. engages in the manufacture and marketing of products made from natural or synthetic fibers. It operates through the following segments: Personal Care, Consumer Tissue, and K-C Professional.
