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Equities research analysts at B. Riley cut their target price on shares of The Clorox (NYSE:CLX) from $79.00 to $77.00 in a research note issued to investors on Monday. The firm currently has a “neutral” rating on the stock. B. Riley’s target price indicates a potential downside of 13.68% from the stock’s previous close.

The Clorox (NYSE:CLX) traded down 1.77% on Monday, hitting $87.62. 228,458 shares of the company’s stock traded hands. The Clorox has a one year low of $80.20 and a one year high of $96.76. The stock has a 50-day moving average of $91.08 and a 200-day moving average of $88.99. The company has a market cap of $11.303 billion and a price-to-earnings ratio of 21.09.

The Clorox (NYSE:CLX) last posted its quarterly earnings results on Friday, August 1st. The company reported $1.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.35 by $0.05. The company had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.52 billion. During the same quarter in the previous year, the company posted $1.38 earnings per share. The company’s revenue for the quarter was down 2.3% on a year-over-year basis. Analysts expect that The Clorox will post $4.46 EPS for the current fiscal year.

Other equities research analysts have also recently issued reports about the stock. Analysts at BTIG Research downgraded shares of The Clorox from a “buy” rating to a “neutral” rating in a research note on Friday, July 18th. They now have a $92.00 price target on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of The Clorox in a research note on Friday, May 16th. They now have a $93.00 price target on the stock. Finally, analysts at BMO Capital Markets cut their price target on shares of The Clorox from $83.00 to $4.00 in a research note on Tuesday, May 6th. Four research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $80.90.

The Clorox Company (NYSE:CLX) is a manufacturer and marketer of consumer and professional products.

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