Kimberly-Clark (NYSE:KMB) Given New $117.00 Price Target at Deutsche Bank Aktiengesellschaft - MarketBeat

2022-10-15 19:44:03 By : Ms. Linda Yin

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Kimberly-Clark (NYSE:KMB - Get Rating) had its target price decreased by stock analysts at Deutsche Bank Aktiengesellschaft from $134.00 to $117.00 in a research note issued on Friday, The Fly reports. Deutsche Bank Aktiengesellschaft's target price would suggest a potential upside of 2.11% from the stock's previous close.

Several other analysts have also recently commented on the company. UBS Group raised their target price on Kimberly-Clark from $136.00 to $142.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 27th. Atlantic Securities raised Kimberly-Clark from a "neutral" rating to an "overweight" rating and set a $135.00 target price on the stock in a research note on Wednesday. Morgan Stanley reduced their price target on shares of Kimberly-Clark from $137.00 to $132.00 and set an "equal weight" rating for the company in a research report on Tuesday, October 4th. Bank of America began coverage on shares of Kimberly-Clark in a research report on Wednesday, September 14th. They set a "neutral" rating on the stock. Finally, StockNews.com assumed coverage on shares of Kimberly-Clark in a research note on Wednesday. They set a "buy" rating for the company. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $128.79.Kimberly-Clark Trading Up 1.5 %

Shares of NYSE KMB opened at $114.58 on Friday. The business has a fifty day simple moving average of $125.01 and a 200-day simple moving average of $129.48. The company has a market cap of $38.68 billion, a price-to-earnings ratio of 21.66, a P/E/G ratio of 3.86 and a beta of 0.37. Kimberly-Clark has a 12 month low of $108.74 and a 12 month high of $145.79. The company has a quick ratio of 0.47, a current ratio of 0.79 and a debt-to-equity ratio of 10.37.

Kimberly-Clark (NYSE:KMB - Get Rating) last announced its earnings results on Tuesday, July 26th. The company reported $1.34 EPS for the quarter, missing the consensus estimate of $1.35 by ($0.01). The firm had revenue of $5.06 billion during the quarter, compared to analyst estimates of $4.99 billion. Kimberly-Clark had a return on equity of 249.60% and a net margin of 8.87%. The business's quarterly revenue was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.47 earnings per share. Sell-side analysts predict that Kimberly-Clark will post 5.62 EPS for the current year. Institutional Investors Weigh In On Kimberly-Clark

Several hedge funds and other institutional investors have recently made changes to their positions in the business. New Millennium Group LLC acquired a new stake in Kimberly-Clark in the 2nd quarter valued at approximately $27,000. Wagner Wealth Management LLC acquired a new stake in shares of Kimberly-Clark in the second quarter worth $28,000. Roble Belko & Company Inc increased its position in Kimberly-Clark by 69.5% during the first quarter. Roble Belko & Company Inc now owns 256 shares of the company's stock worth $32,000 after acquiring an additional 105 shares during the period. West Oak Capital LLC boosted its holdings in Kimberly-Clark by 50.0% in the 2nd quarter. West Oak Capital LLC now owns 240 shares of the company's stock valued at $32,000 after purchasing an additional 80 shares during the period. Finally, DeDora Capital Inc. acquired a new stake in Kimberly-Clark in the 1st quarter worth $33,000. 74.36% of the stock is owned by institutional investors and hedge funds. Kimberly-Clark Company Profile (Get Rating)

Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care and consumer tissue products worldwide. It operates through three segments: Personal Care, Consumer Tissue, and K-C Professional. The Personal Care segment offers disposable diapers, swimpants, training and youth pants, baby wipes, feminine and incontinence care products, and other related products under the Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Sweety, Kotex, U by Kotex, Intimus, Depend, Plenitud, Softex, Poise, and other brand names.Read MoreGet a free copy of the StockNews.com research report on Kimberly-Clark (KMB)Trinseo Gets A Downgrade But That Doesn't Stop It From AdvancingDelta Air Lines Looks Ready To Take OffDoes the Zillow Stock Forecast Hint Toward a Turnaround?The Rally in Walgreen’s Boots Alliance May be Short LivedWill MGM Resorts Rise to the Top of the Casino Food Chain?

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