Barclays Sticks to Their Hold Rating for Kimberly Clark (KMB)

In a report released today, Lauren Lieberman from Barclays maintained a Hold rating on Kimberly Clark, with a price target of $115.00.

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According to TipRanks, Lieberman is a 4-star analyst with an average return of 4.5% and a 57.31% success rate. Lieberman covers the Consumer Defensive sector, focusing on stocks such as PepsiCo, Church & Dwight, and Colgate-Palmolive.

In addition to Barclays, Kimberly Clark also received a Hold from UBS’s Peter Grom in a report issued on July 16. However, on July 31, RBC Capital maintained a Buy rating on Kimberly Clark (NASDAQ: KMB).

Based on Kimberly Clark’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $4.16 billion and a net profit of $665 million. In comparison, last year the company earned a revenue of $4.84 billion and had a net profit of $567 million

Based on the recent corporate insider activity of 28 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.