Brokerage Firm Rating Update on Clorox Company (The) (CLX)

Clorox Company (The) (CLX) : Zacks Investment Research ranks Clorox Company (The) (CLX) as 1, which is a Strong Buy recommendation. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. 3 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 7 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 11 research analysts is 3.57, which indicates as a Sell.

Clorox Company (The) (CLX) : The consensus price target for Clorox Company (The) (CLX) is $124.14 for the short term with a standard deviation of $9.82. The most optimist securities analyst among the 7 who monitor the stock believes that the stock can reach $136, however, the pessimist price target for the company is $109.


Company shares have received an average consensus rating of Hold for the current week Also, Citigroup maintains its view on Clorox Company (The) (NYSE:CLX) according to the research report released by the firm to its investors. The shares have now been rated Neutral by the stock experts at the ratings house. Citigroup raises the price target from $134 per share to $144 per share on Clorox Company (The). The rating by the firm was issued on August 8, 2016.

Clorox Company (The) (NYSE:CLX): stock was range-bound between the intraday low of $128.61 and the intraday high of $131.6 after having opened at $131.6 on Wednesdays session. The stock finally closed in the red at $131.6, a loss of -1.90%. The stock remained in the red for the whole trading day. The total traded volume was 1,225,332 shares. The stock failed to cross $131.6 in Wednesdays trading. The stocks closing price on Thursday was $132.

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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