In a report released on January 27, Fulvio Cazzol from Berenberg Bank maintained a Hold rating on Kimberly Clark (KMB – Research Report), with a price target of $132.00. The company’s shares closed last Friday at $128.92.
Cazzol covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies, Colgate-Palmolive, and Kimberly Clark. According to TipRanks, Cazzol has an average return of 0.1% and a 48.08% success rate on recommended stocks.
In addition to Berenberg Bank, Kimberly Clark also received a Hold from Barclays’s Lauren Lieberman in a report issued on January 27. However, on January 26, Deutsche Bank maintained a Sell rating on Kimberly Clark (NYSE: KMB).
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KMB market cap is currently $43.51B and has a P/E ratio of 22.55.
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Founded in 1872, Texas-based Kimberly-Clark Corp. manufactures and markets products made from natural or synthetic fibers. It operates through three segments: Personal Care, Consumer Tissue, and K-C Professional (KCP). The company’s iconic brands include Depend, Huggies, Kleenex, Kotex, and Scott.
Read More on KMB:
- Kimberly-Clark price target lowered to $126 from $146 at Barclays
- Kimberly-Clark price target lowered to $122 from $124 at Deutsche Bank
- Kimberly-Clark price target lowered to $125 from $135 at Wells Fargo
- Kimberly-Clark sees FY23 EPS up 2%-6% versus FY22 adjusted EPS
- KIMBERLY-CLARK ANNOUNCES YEAR-END 2022 RESULTS AND 2023 OUTLOOK