Wells Fargo Sticks to Its Hold Rating for Kimberly Clark (KMB)

In a report released today, Christopher Carey from Wells Fargo maintained a Hold rating on Kimberly Clark (KMBResearch Report), with a price target of $120.00. The company’s shares closed last Friday at $112.54.

Carey covers the Consumer Goods sector, focusing on stocks such as Spectrum Brands Holdings, Church & Dwight, and Clorox. According to TipRanks, Carey has an average return of 0.6% and a 43.07% success rate on recommended stocks.

Currently, the analyst consensus on Kimberly Clark is a Hold with an average price target of $130.33.

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KMB market cap is currently $38B and has a P/E ratio of 21.30.

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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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