Kimberly-Clark Corporation (NYSE:KMB) : 1 brokerage houses believe that Kimberly-Clark Corporation (NYSE:KMB) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 6 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Kimberly-Clark Corporation (NYSE:KMB). Zacks Investment Research suggests a Buy with a rank of 2.The median of all the 8 Wall Street Analysts endorse the stock as a Hold with a rating of 2.63.
Kimberly-Clark Corporation (NYSE:KMB) stock is expected to deviate a maximum of $11.98 from the average target price of $133.71 for the short term period. 7 Street Experts have initiated coverage on the stock with the most promising target being $146 and the most muted being $114.
Company shares have received an average consensus rating of Hold for the current week Also, Deutsche Bank downgrades its rating on Kimberly-Clark Corporation (NYSE:KMB). Analysts at the Deutsche Bank have a current rating of Hold on the shares. The shares were previously rated Buy. The rating by the firm was issued on April 25, 2016.
Kimberly-Clark Corporation (NYSE:KMB): stock turned positive on Tuesday. Though the stock opened at $131.33, the bulls momentum made the stock top out at $133.54 level for the day. The stock recorded a low of $130.7 and closed the trading day at $133.52, in the green by 2.12%. The total traded volume for the day was 1,781,454. The stock had closed at $130.75 in the previous days trading.
In an insider trading activity,The officer (SVP Chief Supply Chain Officer) of Kimberly Clark Corp, Macquillan Sandra sold 5,080 shares at $129.75 on May 12, 2016. The Insider selling transaction had a total value worth of $659,130. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
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.