Kimberly-Clark Corporation (KMB) : Analyst Rating Update

Kimberly-Clark Corporation (KMB) : The consensus on Kimberly-Clark Corporation (KMB) based on 8 analyst recommendation on the company stock is 2.63, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 1 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 6 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Kimberly-Clark Corporation (KMB) : 7 Wall Street analysts covering Kimberly-Clark Corporation (KMB) believe that the average level the stock could reach for the short term is $133.71. The maximum price target given is $146 and the minimum target for short term is around $114, hence the standard deviation is calculated at $11.98.

Kimberly-Clark Corporation (NYSE:KMB): The stock opened at $137.78 on Wednesday but the bulls could not build on the opening and the stock topped out at $137.80 for the day. The stock traded down to $135.90 during the day, due to lack of any buying support eventually closed down at $136.75 with a loss of -0.86% for the day. The stock had closed at $137.94 on the previous day. The total traded volume was 1,984,370 shares.

Also, Deutsche Bank downgrades its view on Kimberly-Clark Corporation (NYSE:KMB) according to the research report released by the firm to its investors. The shares have now been rated Hold by the stock experts at the ratings house. Earlier, the shares had a rating of Buy. The rating by the firm was issued on April 25, 2016. The company shares have rallied 26.52% from its 1 Year high price. On Jul 5, 2016, the shares registered one year high at $138.87 and the one year low was seen on Sep 10, 2015. The 50-Day Moving Average price is $130.66 and the 200 Day Moving Average price is recorded at $130.41.

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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