Kimberly Clark (NYSE:KMB) was downgraded by equities research analysts at Citigroup from a “neutral” rating to a “sell” rating in a research note issued to investors on Monday, Marketbeat.com reports. They currently have a $113.00 target price on the stock. Citigroup’s target price suggests a potential downside of 4.63% from the company’s current price.

A number of other equities research analysts have also commented on the stock. J P Morgan Chase & Co lowered shares of Kimberly Clark from a “neutral” rating to an “underweight” rating and dropped their price objective for the stock from $115.55 to $100.00 in a report on Friday, October 20th. Societe Generale raised shares of Kimberly Clark from a “hold” rating to a “buy” rating and raised their target price for the company from $112.05 to $144.00 in a research report on Thursday, November 2nd. Zacks Investment Research raised shares of Kimberly Clark from a “sell” rating to a “hold” rating in a research report on Thursday, November 2nd. Macquarie assumed coverage on shares of Kimberly Clark in a research report on Friday, September 15th. They issued a “neutral” rating and a $121.00 target price for the company. Finally, Royal Bank of Canada reaffirmed a “hold” rating and issued a $121.00 target price on shares of Kimberly Clark in a research report on Friday, September 8th. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and two have given a buy rating to the stock. Kimberly Clark presently has an average rating of “Hold” and a consensus price target of $126.36.

Shares of Kimberly Clark (NYSE KMB) traded down $1.62 during trading hours on Monday, hitting $118.49. 2,048,851 shares of the company were exchanged, compared to its average volume of 1,817,306. Kimberly Clark has a fifty-two week low of $109.67 and a fifty-two week high of $136.21. The company has a current ratio of 0.97, a quick ratio of 0.64 and a debt-to-equity ratio of 14.17. The firm has a market capitalization of $42,250.00, a price-to-earnings ratio of 19.66, a price-to-earnings-growth ratio of 3.12 and a beta of 0.76.

Kimberly Clark (NYSE:KMB) last issued its quarterly earnings data on Monday, October 23rd. The company reported $1.60 EPS for the quarter, topping analysts’ consensus estimates of $1.54 by $0.06. Kimberly Clark had a net margin of 11.89% and a return on equity of 666.97%. The business had revenue of $4.64 billion for the quarter, compared to analyst estimates of $4.65 billion. During the same period last year, the business posted $1.52 earnings per share. The firm’s quarterly revenue was up 1.0% on a year-over-year basis. equities analysts predict that Kimberly Clark will post 6.2 earnings per share for the current year.

Institutional investors and hedge funds have recently made changes to their positions in the company. Martin Investment Management LLC bought a new position in shares of Kimberly Clark in the 2nd quarter valued at about $443,000. Pax World Management LLC grew its position in shares of Kimberly Clark by 7.7% in the 2nd quarter. Pax World Management LLC now owns 2,784 shares of the company’s stock valued at $359,000 after acquiring an additional 200 shares during the period. Capital Research Global Investors boosted its holdings in shares of Kimberly Clark by 46.6% during the 2nd quarter. Capital Research Global Investors now owns 10,037,901 shares of the company’s stock worth $1,295,993,000 after buying an additional 3,191,549 shares during the period. Boston Family Office LLC boosted its holdings in shares of Kimberly Clark by 0.8% during the 2nd quarter. Boston Family Office LLC now owns 11,588 shares of the company’s stock worth $1,496,000 after buying an additional 90 shares during the period. Finally, Legal & General Group Plc boosted its holdings in shares of Kimberly Clark by 3.7% during the 1st quarter. Legal & General Group Plc now owns 1,918,510 shares of the company’s stock worth $252,551,000 after buying an additional 68,776 shares during the period. 71.61% of the stock is owned by institutional investors.

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About Kimberly Clark

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 (NYSE:KMB)

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