Kimberly Clark (KMB) Gets a Buy from Piper Sandler
Piper Sandler analyst Korinne Wolfmeyer maintained a Buy rating on Kimberly Clark (KMB – Research Report) today and set a price target of $156.00. The company’s shares closed last Friday at $130.35.
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Wolfmeyer covers the Consumer Cyclical sector, focusing on stocks such as e.l.f. Beauty, Planet Fitness, and Inter Parfums. According to TipRanks, Wolfmeyer has an average return of -5.4% and a 31.38% success rate on recommended stocks.
In addition to Piper Sandler, Kimberly Clark also received a Buy from Evercore ISI’s Javier Escalante in a report issued on April 30. However, on April 23, TD Cowen 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 2.25M.
Based on the recent corporate insider activity of 44 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, Katy Chen, the President of KMB sold 1,794.00 shares for a total of $234,529.62.
Read More on KMB:
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- Insider Moves: Kimberly Clark, Corning, Transocean, S&P Global, Danaher
- Kimberly-Clark confirms $2B investment in U.S. manufacturing
- Kimberly-Clark to invest $2B in U.S. manufacturing sites, WSJ reports
- RGE, APP, Suzano bidders for Kimberly-Clark’s tissue business, Reuters says
- Kimberly-Clark price target lowered to $135 from $139 at Barclays
