Wells Fargo Sticks to Their Hold Rating for Kimberly Clark (KMB)

In a report released on February 20, Christopher Carey from Wells Fargo maintained a Hold rating on Kimberly Clark, with a price target of $110.00. The company’s shares closed yesterday at $109.02.

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According to TipRanks, Carey is a 4-star analyst with an average return of 2.7% and a 52.44% success rate. Carey covers the Consumer Defensive sector, focusing on stocks such as Conagra Brands, Kimberly Clark, and General Mills.

Kimberly Clark has an analyst consensus of Moderate Buy, with a price target consensus of $124.89, implying a 14.56% upside from current levels. In a report released yesterday, Evercore ISI also maintained a Hold rating on the stock with a $115.00 price target.

Based on Kimberly Clark’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $4.08 billion and a net profit of $499 million. In comparison, last year the company earned a revenue of $4.93 billion and had a net profit of $447 million

Based on the recent corporate insider activity of 41 insiders, corporate insider sentiment is neutral on the stock. Earlier this month, TODD MACLIN, a Director at KMB bought 10,000.00 shares for a total of $1,041,400.00.