Goldman Sachs Maintains Kimberly Clark Corp to Buy

Brokerage firm Goldman Sachs Maintains its rating on Kimberly Clark Corp(NYSE:KMB). The shares have been rated Buy. The rating by Goldman Sachs was issued on Sep 12, 2016.

In a different note, On Jul 27, 2016, Citigroup said it Maintains its rating on Kimberly Clark Corp. In the research note, the firm Raises the price-target to $135.00 per share. The shares have been rated ‘Neutral’ by the firm.

Kimberly Clark Corp (KMB) made into the market gainers list on Tuesdays trading session with the shares advancing 1.06% or 1.3 points. Due to strong positive momentum, the stock ended at $123.47, which is also near the day’s high of $124.38. The stock began the session at $122.77 and the volume stood at 13,60,596 shares. The 52-week high of the shares is $138.87 and the 52 week low is $106.66. The company has a current market capitalization of $44,404 M and it has 35,96,36,070 shares in outstanding.

Kimberly Clark Corp(KMB) last announced its earnings results on Jul 25, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $4.59B. Analysts had an estimated revenue of $4.56B. Earnings per share were $1.53. Analysts had estimated an EPS of $1.48.

Several Insider Transactions has been reported to the SEC. On Aug 23, 2016, Thomas J. Mielke (SVP – General Counsel) sold 11,946 shares at $127.36 per share price.Also, On Aug 8, 2016, Lizanne C Gottung (SVP & Chief HR Officer) sold 12,407 shares at $129.93 per share price.On Aug 8, 2016, Anthony J. Palmer (Pres Global Brands & Inno) sold 3,080 shares at $130.00 per share price, according to the Form-4 filing with the securities and exchange commission.

Kimberly-Clark Corporation is engaged in the manufacturing and marketing of products made from natural or synthetic fibers. The Company’s 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 Company’s 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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