Kimberly Clark Receives a Hold from Jefferies

By Ryan Adsit

Jefferies analyst Kevin Grundy reiterated a Hold rating on Kimberly Clark (NYSE: KMB) on July 9 and set a price target of $96. The company’s shares closed yesterday at $105.62.

According to TipRanks.com, Grundy is a 4-star analyst with an average return of 6.6% and a 68.2% success rate. Grundy covers the Consumer Goods sector, focusing on stocks such as Coca-Cola European Partners, Edgewell Personal Care, and Monster Beverage Corp.

Kimberly Clark has an analyst consensus of Moderate Sell, with a price target consensus of $102.

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The company has a one-year high of $125.39 and a one-year low of $97.10. Currently, Kimberly Clark has an average volume of 2.37M.

Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is neutral on the stock.

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Kimberly-Clark Corp. is engaged in the manufacturing and marketing of products made from natural or synthetic fibers. It operates through the following segments: Personal Care, Consumer Tissue, and K-C Professional.