Kimberly-Clark Corporation (NYSE:KMB)‘s stock had its “hold” rating reaffirmed by research analysts at Jefferies Group LLC in a note issued to investors on Thursday. They currently have a $119.00 target price on the stock. Jefferies Group LLC’s target price indicates a potential downside of 0.51% from the company’s previous close.

Several other brokerages also recently weighed in on KMB. BidaskClub upgraded Kimberly-Clark Corporation from a “hold” rating to a “buy” rating in a report on Thursday, June 22nd. Goldman Sachs Group, Inc. (The) set a $157.00 price target on Kimberly-Clark Corporation and gave the company a “buy” rating in a report on Monday, June 19th. Berenberg Bank began coverage on Kimberly-Clark Corporation in a report on Friday, June 9th. They issued a “hold” rating and a $136.00 price target for the company. Zacks Investment Research downgraded Kimberly-Clark Corporation from a “hold” rating to a “sell” rating in a report on Friday, July 7th. Finally, Citigroup Inc. set a $134.00 price target on Kimberly-Clark Corporation and gave the company a “sell” rating in a report on Friday, July 7th. Three equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and one has given a buy rating to the company. Kimberly-Clark Corporation currently has a consensus rating of “Hold” and a consensus target price of $132.86.

Kimberly-Clark Corporation (NYSE:KMB) traded up 0.23% during midday trading on Thursday, hitting $119.61. The company had a trading volume of 1,888,360 shares. Kimberly-Clark Corporation has a 52-week low of $111.30 and a 52-week high of $136.21. The stock’s 50-day moving average price is $122.35 and its 200-day moving average price is $128.49. The stock has a market cap of $42.26 billion, a PE ratio of 19.97 and a beta of 0.78.

Kimberly-Clark Corporation (NYSE:KMB) last issued its quarterly earnings results on Tuesday, July 25th. The company reported $1.49 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.49. The company had revenue of $4.55 billion during the quarter, compared to the consensus estimate of $4.56 billion. Kimberly-Clark Corporation had a return on equity of 636.30% and a net margin of 11.82%. Kimberly-Clark Corporation’s revenue was down .7% on a year-over-year basis. During the same period in the previous year, the firm posted $1.53 EPS. On average, equities research analysts expect that Kimberly-Clark Corporation will post $6.21 EPS for the current fiscal year.

ILLEGAL ACTIVITY WARNING: “Kimberly-Clark Corporation (KMB) Rating Reiterated by Jefferies Group LLC” was first published by American Banking News and is the property of of American Banking News. If you are accessing this story on another website, it was illegally copied and reposted in violation of United States and international copyright law. The original version of this story can be viewed at https://www.americanbankingnews.com/2017/09/07/kimberly-clark-corporation-kmb-rating-reiterated-by-jefferies-group-llc.html.

In related news, Director Robert W. Decherd purchased 1,500 shares of the stock in a transaction that occurred on Thursday, August 3rd. The stock was purchased at an average cost of $122.21 per share, for a total transaction of $183,315.00. Following the acquisition, the director now owns 43,444 shares in the company, valued at $5,309,291.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.56% of the company’s stock.

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Coldstream Capital Management Inc. increased its holdings in Kimberly-Clark Corporation by 0.3% in the 2nd quarter. Coldstream Capital Management Inc. now owns 1,597 shares of the company’s stock valued at $206,000 after purchasing an additional 5 shares in the last quarter. Mosaic Family Wealth LLC increased its holdings in Kimberly-Clark Corporation by 0.5% in the 2nd quarter. Mosaic Family Wealth LLC now owns 1,116 shares of the company’s stock valued at $144,000 after purchasing an additional 6 shares in the last quarter. Winch Advisory Services LLC increased its holdings in Kimberly-Clark Corporation by 0.6% in the 1st quarter. Winch Advisory Services LLC now owns 1,396 shares of the company’s stock valued at $184,000 after purchasing an additional 8 shares in the last quarter. Investment Partners Ltd. OH ADV increased its holdings in Kimberly-Clark Corporation by 0.3% in the 2nd quarter. Investment Partners Ltd. OH ADV now owns 2,852 shares of the company’s stock valued at $368,000 after purchasing an additional 8 shares in the last quarter. Finally, Jackson Grant Investment Advisers Inc. increased its holdings in Kimberly-Clark Corporation by 0.6% in the 2nd quarter. Jackson Grant Investment Advisers Inc. now owns 2,480 shares of the company’s stock valued at $320,000 after purchasing an additional 14 shares in the last quarter. Hedge funds and other institutional investors own 70.10% of the company’s stock.

Kimberly-Clark Corporation Company Profile

Kimberly-Clark Corporation is engaged in the manufacturing and marketing of a range of products made from natural or synthetic fibers. The Company’s segments include Personal Care, Consumer Tissue, K-C Professional and Corporate & Other. The Company’s Personal Care segment offers various solutions and products, such as disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products.

Analyst Recommendations for Kimberly-Clark Corporation (NYSE:KMB)

Receive News & Ratings for Kimberly-Clark Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kimberly-Clark Corporation and related companies with MarketBeat.com's FREE daily email newsletter.