Wells Fargo Reaffirms Their Hold Rating on Kimberly Clark (KMB)

By Ryan Adsit

In a report released today, Bonnie Herzog from Wells Fargo maintained a Hold rating on Kimberly Clark (KMBResearch Report), with a price target of $130. The company’s shares opened today at $135.05, close to its 52-week high of $140.62.

According to TipRanks.com, Herzog is a 3-star analyst with an average return of 3.3% and a 65.0% success rate. Herzog covers the Consumer Goods sector, focusing on stocks such as Coca-Cola European Partners plc, The Estée Lauder Companies Inc, and Constellation Brands Inc.

The word on The Street in general, suggests a Hold analyst consensus rating for Kimberly Clark with a $128.67 average price target.

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The company has a one-year high of $140.62 and a one-year low of $100.32. Currently, Kimberly Clark has an average volume of 1.58M.

Based on the recent corporate insider activity of 51 insiders, corporate insider sentiment is negative on the stock.

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