Clorox Company (The) (CLX) Receives Analyst Rating

Clorox Company (The) (CLX) has an average broker rating of 3.57, which is interpreted as a Sell, as rated by 11 equity analysts. Nevertheless, the majority of 7 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 1, which is also a Strong Buy. 3 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company. 1 considers that the stock is a Sell.

Clorox Company (The) (CLX) stock is expected to deviate a maximum of $8.83 from the average target price of $123.29 for the short term period. 7 Street Experts have initiated coverage on the stock with the most promising target being $134 and the most muted being $109.


Also, Equity Analysts at the Citigroup maintains the rating on Clorox Company (The) (NYSE:CLX). The brokerage firm has issued a Neutral rating on the shares. The Analysts at the ratings agency raises the price target from $134 per share to $144 per share. The rating by the firm was issued on August 8, 2016.

Clorox Company (The) (NYSE:CLX): After opening at $122.47, the stock dipped to an intraday low of $122.2192 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $122.97 and the buying power remained strong till the end. The stock closed at $122.54 for the day, a gain of 0.02% for the day session. The total traded volume was 725,450. The stocks close on the previous trading day was $122.52.

The Clorox Company (Clorox) is a United States-based manufacturer and marketer of consumer and professional products. The Company sells its products through mass retail outlets, e-commerce channels, distributors, and medical supply providers. The Company operates through strategic business units that are aggregated into four reportable segments: Cleaning, which consists of laundry, home care and professional products marketed and sold in the United States; Household, which consists of charcoal, cat litter and plastic bags, wraps and container products; Lifestyle, which includes food products, water-filtration systems and filters and natural personal care products, and International, which consists of products sold outside the United States, such as laundry, home care, water-filtration, charcoal and cat litter products, dressings and sauces, plastic bags, wraps and containers and natural personal care products.

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