Kimberly Clark (KMB) Gets a Hold Rating from Wells Fargo


Wells Fargo analyst Bonnie Herzog reiterated a Hold rating on Kimberly Clark (NYSE: KMB) yesterday. The company’s shares closed yesterday at $116.46.

According to TipRanks.com, Herzog is a 4-star analyst with an average return of 6.5% and a 65.3% success rate. Herzog covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies Inc, Edgewell Personal Care, and Keurig Dr Pepper Inc.

Currently, the analyst consensus on Kimberly Clark is a Moderate Sell with an average price target of $95.25.

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Based on Kimberly Clark’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $4.6 billion and net profit of $455 million. In comparison, last year the company earned revenue of $4.55 billion and had a net profit of $531 million.

Based on the recent corporate insider activity of 33 insiders, corporate insider sentiment is negative on the stock.

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Kimberly-Clark Corp. is engaged in the manufacturing and marketing of products made from natural or synthetic fibers. It operates through the following segments: Personal Care, Consumer Tissue, and K-C Professional.

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