Wells Fargo analyst Bonnie Herzog maintained a Hold rating on Kimberly Clark (KMB) yesterday and set a price target of $105. The company’s shares closed yesterday at $116.85, close to its 52-week high of $120.48.
Herzog observed:
“We maintain our slightly below consensus FY19/FY20 EPS ests of $6.55/$6.90 & our Market Perform rating.”
According to TipRanks.com, Herzog is a 4-star analyst with an average return of 6.3% and a 64.5% 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.
Kimberly Clark has an analyst consensus of Hold, with a price target consensus of $112.63, implying a -3.6% downside from current levels. In a report issued on February 12, Morgan Stanley also maintained a Hold rating on the stock with a $124 price target.
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The company has a one-year high of $120.48 and a one-year low of $97.10. Currently, Kimberly Clark has an average volume of 2.3M.
Based on the recent corporate insider activity of 38 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.
