UBS analyst Peter Grom maintained a Hold rating on Kimberly Clark today and set a price target of $132.00.
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Peter Grom has given his Hold rating due to a combination of factors surrounding Kimberly Clark’s recent performance and future outlook. The company’s latest quarterly results were better than anticipated, with stronger-than-expected organic sales and earnings per share (EPS), despite a challenging market environment. This positive surprise led to a temporary boost in stock performance, reflecting improved sentiment among investors.
However, Grom remains cautious due to the need for greater clarity on the company’s long-term fundamentals and market share performance, which has been under pressure. While the company maintained its fiscal year 2025 EPS guidance and narrowed its organic growth range to align with category growth, there are still several uncertainties, such as currency headwinds and the impact of divestitures. These factors contribute to the Hold rating, as Grom believes more visibility is required before becoming more optimistic about the stock’s future potential.
Grom covers the Consumer Defensive sector, focusing on stocks such as General Mills, The Hershey Company, and Kraft Heinz. According to TipRanks, Grom has an average return of -3.5% and a 50.25% success rate on recommended stocks.
In another report released today, TD Cowen also maintained a Hold rating on the stock with a $130.00 price target.