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Barclays Maintains Kimberly-Clark(KMB.US) With Hold Rating, Raises Target Price to $144

Futu News ·  Oct 11 14:31  · Ratings

Barclays analyst Lauren Lieberman maintains $Kimberly-Clark (KMB.US)$ with a hold rating, and adjusts the target price from $132 to $144.

According to TipRanks data, the analyst has a success rate of 54.3% and a total average return of 2.4% over the past year.

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Furthermore, according to the comprehensive report, the opinions of $Kimberly-Clark (KMB.US)$'s main analysts recently are as follows:

  • The outlook heading into the third-quarter earnings season for the household, personal care, and beauty sectors within consumer staples remains comparatively optimistic. It is widely recognized that there will be a sequential slowdown in organic sales as the impact of pricing diminishes. Companies considered to be industry leaders are not only increasing volumes but the majority are also achieving margin expansion.

  • In anticipation of Q3 earnings for the consumer staples group, there's a notable observation that the landscape appears largely unchanged since the previous earnings season in the summer.

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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