Evercore ISI Sticks to Its Buy Rating for Kimberly Clark (KMB)
Evercore ISI analyst Javier Escalante reiterated a Buy rating on Kimberly Clark (KMB – Research Report) on March 28 and set a price target of $168.00. The company’s shares closed last Friday at $140.71.
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Escalante covers the Consumer Defensive sector, focusing on stocks such as Kimberly Clark, Church & Dwight, and Clorox. According to TipRanks, Escalante has an average return of 0.6% and a 75.00% success rate on recommended stocks.
In addition to Evercore ISI, Kimberly Clark also received a Buy from Piper Sandler’s Korinne Wolfmeyer in a report issued on March 28. However, on the same day, TD Cowen maintained a Hold rating on Kimberly Clark (NYSE: KMB).
KMB market cap is currently $46.67B and has a P/E ratio of 18.63.
Based on the recent corporate insider activity of 56 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of KMB in relation to earlier this year. Earlier this month, Andrew Drexler, the VP & Controller of KMB sold 10,838.00 shares for a total of $1,528,158.00.
Read More on KMB:
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- Kimberly-Clark price target raised to $140 from $130 at Wells Fargo
- Kimberly Clark: Hold Rating Amid Margin Improvements and Market Challenges
- Kimberly-Clark price target raised to $144 from $138 at Barclays
- Insider Moves: Berkshire, Marathon, Iron Mountain, MGM, Kimberly Clark
- Kimberly-Clark files automatic mixed securities shelf
