Analyst Price Target Update on Kimberly-Clark Corporation (NYSE:KMB)

Kimberly-Clark Corporation (NYSE:KMB): According to 7 Analysts, The short term target price has been estimated at $ 133.71.The target price could deviate by a maximum of $11.98 from the forecast price. In the near term, the target price could hit a high of $146 and a low of $ 114.

Many analysts have stated their opinion on the company shares. In the latest statement by the brokerage house, Deutsche Bank downgrades its outlook on Kimberly-Clark Corporation (NYSE:KMB). The current rating of the shares is Hold, according to the research report released by the firm. Previously, the company had a rating of Buy. The rating by the firm was issued on April 25, 2016. Company shares have received an average consensus rating of Hold for the current week

On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (SVP Chief Supply Chain Officer) of Kimberly Clark Corp, Macquillan Sandra had sold 5,080 shares worth of $659,130 in a transaction dated May 12, 2016. In this transaction, 5,080 shares were sold at $129.75 per share.

Kimberly-Clark Corporation (NYSE:KMB) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.73 points or 0.56% at $130.25 with 1,077,574 shares getting traded. Post opening the session at $130.62, the shares hit an intraday low of $130.12 and an intraday high of $131.54 and the price was in this range throughout the day. The company has a market cap of $46,907 million and the number of outstanding shares have been calculated to be 360,127,820 shares. The 52-week high of Kimberly-Clark Corporation (NYSE:KMB) is $138.755 and the 52-week low is $103.04.

Kimberly-Clark Corporation is engaged in the manufacturing and marketing of products made from natural or synthetic fibers. The Companys operating segments are based on product groupings. The Company operates in three segments, which include Personal Care, which offers solutions and products, such as disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products; Consumer Tissue, offers products, such as facial and bathroom tissue, paper towels, napkins and related products, and K-C Professional (KCP), offers solutions and supporting products, such as apparel, wipers, soaps, sanitizers, tissue and towels. The Companys brands include Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Kotex, U by Kotex, Intimus, Depend, Plenitud, Poise, Kleenex, Scott, Cottonelle, Viva, Andrex, Scottex, Neve, WypAll, Kimtech, and Jackson Safety, among others.

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