RBC Capital Reiterates Their Hold Rating on Kimberly Clark

By Carrie Williams

RBC Capital analyst Nik Modi reiterated a Hold rating on Kimberly Clark (NYSE: KMB) yesterday and set a price target of $121. The company’s shares opened today at $117.78.

According to TipRanks.com, Modi is a 4-star analyst with an average return of 7.0% and a 66.3% success rate. Modi covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies Inc, Constellation Brands Inc, and Energizer Holdings Inc.

Currently, the analyst consensus on Kimberly Clark is Hold and the average price target is $125.67, representing a 6.7% upside.

In a report issued on October 3, Barclays also maintained a Hold rating on the stock with a $131 price target.

The company has a one-year high of $136.21 and a one-year low of $111.30. Currently, Kimberly Clark has an average volume of 1.58M.

Based on the recent corporate insider activity of 35 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of KMB in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Kimberly-Clark Corp. engages in the manufacture of paper-based products and provision of cleaning solutions. It operates through the following segments: Personal Care, Consumer Tissue, and K-C Professional.