Kimberly Clark Corp Lifted to “Buy” at Societe Generale (KMB)
“However, Kimberly-Clark anticipates a sluggish sales trend in 2015 as it faces currency volatility and increased competition in its diapers segment”.
Kimberly Clark Corp (NYSE:KMB) opened at 120.80 on Friday. Equities analysts forecast that Kimberly Clark Corp will post $5.75 earnings per share for the current year. The 50-Day Moving Average price is $108.78 and the 200 Day Moving Average price is recorded at $109.88.Kimberly-Clark Corporation (NYSE:KMB): 9 Brokerage firm Analysts have agreed with the mean estimate for the short term price target of $117.67 in Kimberly-Clark Corporation (NYSE:KMB).
In the baby diaper business, Huggies has been trying over the past year to claw back US market share it lost last year to its chief rival, Pampers, made by Procter & Gamble Co. On January 22, 2015 The shares registered one year high of $119.01 and one year low was seen on October 16, 2014 at $99.6. Sterne Agee CRT started coverage on Kimberly Clark Corp in a report on Monday, July 20th.
Kimberly-Clark Corporation (NYSE:KMB): On Thursday heightened volatility was witnessed in Kimberly-Clark Corporation (NYSE:KMB) which led to swings in the share price. Our consensus called for EPS of $1.49, and the company posted adjusted EPS of $1.51 per share instead. Alpha One also offers daily impact scores which indicate how likely company news on a given day will impact the company’s stock by more than 1%.
The company also recently disclosed a quarterly dividend, which was paid on Friday, October 2nd. The ex-dividend date of this dividend was Wednesday, September 2nd. The 52-week high of the share price is $120 and the company has a market cap of $44,004 million. RBC Capital lifted their price target on shares of Kimberly Clark Corp from $110.00 to $114.00 and gave the stock a “sector perform” rating in a research note on Thursday. Finally, CLSA dropped their price objective on Kimberly Clark Corp from $125.00 to $115.00 in a research note on Wednesday, August 26th.
Out of 5 analysts covering Kimberly-Clark (NYSE:KMB), 2 rate it “Buy”, 0 “Sell”, while 3 “Hold”. So far this year, the stock is up 2.3%. The firm’s 50 day moving average price is $110.23 and its 200-day moving average price is $110.18. Kimberly Clark Corp presently has a consensus rating of “Hold” and a consensus target price of $116.80.
Kimberly-Clark Corporation is engaged in the production and marketing of products produced from synthetic or natural fibers. The Company’s operating divisions are based on product groupings. The Company operates and markets its products globally in Asia, Latin America, Eastern Europe, the Middle East and Africa, with a particular emphasis in China, Russian Federation and Latin America.
Kimberly-Clark Corporation (Kimberly Clark) is a global company focused on the world in essentials for a better life through product innovation and building its personal care, consumer tissue, K C professional and health care brands. The Company’s brands include Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Kotex, U by Kotex, Intimus, Depend, Plenitud, Poise, Kleenex, Scott, Cottonelle, Viva, Andrex, Scottex, Neve, WypAll, Kimtech, and Jackson Safety, amongst others.