Berenberg Bank Reaffirms Their Hold Rating on Kimberly Clark (KMB)

In a report released on January 27, Fulvio Cazzol from Berenberg Bank maintained a Hold rating on Kimberly Clark (KMBResearch 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.

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