Share

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

Kimberly-Clark Corporation (NYSE:KMB): On Friday heightened volatility was witnessed in Kimberly-Clark Corporation (NYSE:KMB) which led to swings in the share price. The company also achieved higher organic sales on the back of volume growth and better pricing in last five consecutive quarters. During the same period a year ago, the company posted $1.61 EPS. On Jan 22, 2015, the shares registered one year high at $119.01 and the one year low was seen on October 20, 2014.

Advertisement

M. This represents a 1.522% difference between analyst expectations and the Kimberly Clark Corporation achieved in its quarterly earnings. Societe Generale upgraded shares of Kimberly Clark Corp from a “hold” rating to a “buy” rating and upped their target price for the stock from $120.80 to $135.00 in a research report on Friday. They set a neutral rating on the stock. The firm’s 50 day moving average price is $110.23 and its 200-day moving average price is $110.18. RBC Capital Markets maintained the shares of KMB in a report on October 22 with “Sector Perform” rating. The higher price estimate target is at $128 according to the Analysts. Sterne Agee CRT started coverage on Kimberly Clark Corp in a research report on Monday, July 20th. The company reported $1.51 EPS for the quarter, beating the consensus estimate of $1.49 by $0.02.

In its most recent quarter Kimberly Clark Corporation had actual sales of $ 4718M.

On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange, The officer (Executive Vice President) of Kimberly Clark Corp, Buthman Mark A sold 14,474 shares at $115.18 on August 3, 2015. The company’s revenue was down 6.7% on a year-over-year basis. The 52-week high of the share price is $120 and the company has a market cap of $44,004 million. The shares opened for trading at $116.84 and hit $117.48 on the upside, eventually ending the session at $117.28, with a gain of 0.99% or 1.15 points. They noted that the move was a valuation call. The ex-dividend date was Wednesday, September 2nd.

Out of 11 brokers covering Kimberly-Clark, 5 rate it a Buy, 11 indicate a Hold while 0 suggest a Sell. Kimberly Clark Corp presently has a consensus rating of “Hold” and a consensus target price of $116.80.

Kimberly-Clark Corporation is engaged in the manufacturing and marketing of products produced from synthetic or natural fibers. The Company operates in three sections, such as Personal Care, which offers alternatives and merchandises, like disposable diapers, training and youth trousers, swimpants, baby wipes, feminine and incontinence care goods, along with other related products; Consumer Tissue, offers products, for example facial and toilet tissue, paper towels, napkins and related goods, and K-C Professional (NYSE:KMB), offers options and supporting goods, for example attire, wipers, soaps, sanitizers, tissue and towels. Its operating segments include Personal Care, Consumer Tissue K C Professional and HealthCare.

Advertisement

Kimberly-Clark’s collection of brands includes Kleenex, Scott, Huggies, Pull-Ups, Kotex and Depend.

Notable Session Mover: Kimberly-Clark Corporation (NYSE:KMB)