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Kimberly Clark (KMB) Receives a Buy from RBC Capital

Tipranks - Tipranks - Thu Aug 6, 7:02AM CDT

RBC Capital analyst Nik Modi maintained a Buy rating on Kimberly Clark today and set a price target of $162.00.

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According to TipRanks, Modi is a 3-star analyst with an average return of 1.1% and a 52.19% success rate. Modi covers the Consumer Defensive sector, focusing on stocks such as Church & Dwight, Coca-Cola, and Colgate-Palmolive.

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, today, UBS maintained a Hold rating on Kimberly Clark (NASDAQ: KMB).

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Based on Kimberly Clark’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $4.19 billion and a net profit of $345 million. In comparison, last year the company earned a revenue of $4.16 billion and had a net profit of $509 million

Based on the recent corporate insider activity of 30 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.

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