RBC Capital Sticks to Its Buy Rating for Kimberly Clark (KMB)

In a report released today, Nik Modi from RBC Capital maintained a Buy rating on Kimberly Clark (KMB – Research Report), with a price target of $162.00. The company’s shares closed yesterday at $137.92.

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Modi covers the Consumer Defensive sector, focusing on stocks such as PepsiCo, General Mills, and Boston Beer. According to TipRanks, Modi has an average return of 3.2% and a 55.71% success rate on recommended stocks.

In addition to RBC Capital, Kimberly Clark also received a Buy from Bank of America Securities’s Anna Lizzul in a report issued yesterday. However, on the same day, Barclays maintained a Hold rating on Kimberly Clark (NYSE: KMB).

The company has a one-year high of $150.45 and a one-year low of $124.10. Currently, Kimberly Clark has an average volume of 2.27M.

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. Last month, Andrew Drexler, the VP & Controller of KMB sold 10,838.00 shares for a total of $1,528,158.00.