Kimberly-Clark Corp. PT Raised to $108.00 at Sanford C. Bernstein (KMB)
Research analysts at Sanford C. Bernstein increased their price target on shares of Kimberly-Clark Corp. (NYSE:KMB) from $105.00 to $108.00 in a report released on Wednesday, AR Network reports. Sanford C. Bernstein’s target price indicates a potential upside of 2.36% from the company’s current price.
Kimberly-Clark Corp. (NYSE:KMB) traded up 1.25% on Wednesday, hitting $105.51. 1,455,045 shares of the company’s stock traded hands. Kimberly-Clark Corp. has a 52-week low of $82.15 and a 52-week high of $106.54. The stock’s 50-day moving average is $95.88 and its 200-day moving average is $98.21. The company has a market cap of $40.415 billion and a price-to-earnings ratio of 22.16.
Kimberly-Clark Corp. (NYSE:KMB) last announced its earnings results on Tuesday, October 22nd. The company reported $1.44 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.40 by $0.04. The company had revenue of $5.30 billion for the quarter, compared to the consensus estimate of $5.23 billion. During the same quarter last year, the company posted $1.34 earnings per share. Kimberly-Clark Corp.’s revenue was up .3% compared to the same quarter last year. Analysts expect that Kimberly-Clark Corp. will post $5.72 EPS for the current fiscal year.
KMB has been the subject of a number of other recent research reports. Analysts at B. Riley raised their price target on shares of Kimberly-Clark Corp. from $93.00 to $98.00 in a research note to investors on Wednesday. They now have a “neutral” rating on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Kimberly-Clark Corp. in a research note to investors on Wednesday. They now have a $108.00 price target on the stock. Finally, analysts at Barclays raised their price target on shares of Kimberly-Clark Corp. from $93.00 to $98.00 in a research note to investors on Wednesday. They now have an “equal weight” rating on the stock. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and three have issued a buy rating to the company. Kimberly-Clark Corp. currently has an average rating of “Hold” and an average target price of $102.64.
Kimberly-Clark Corporation (NYSE:KMB) is a global company focused on the world in essentials for a better life through product innovation and building its personal care, consumer tissue, K C professional and health care brands.
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