Piper Sandler analyst Korinne Wolfmeyer has adjusted the price target for Kimberly-Clark (KMB, Financial) from $158 to $156 while maintaining an Overweight rating on the stock. The decision follows a solid first-quarter performance from the company, although its full-year guidance was revised downward.
The firm acknowledges Kimberly-Clark's proactive strategies to handle macroeconomic pressures, which include cost-saving initiatives and improvements in supply chain productivity. Despite the challenges, Piper Sandler views Kimberly-Clark as well-positioned due to its resilient business model, which helps mitigate potential risks.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 17 analysts, the average target price for Kimberly-Clark Corp (KMB, Financial) is $144.70 with a high estimate of $165.00 and a low estimate of $118.00. The average target implies an upside of 4.92% from the current price of $137.92. More detailed estimate data can be found on the Kimberly-Clark Corp (KMB) Forecast page.
Based on the consensus recommendation from 20 brokerage firms, Kimberly-Clark Corp's (KMB, Financial) average brokerage recommendation is currently 2.8, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Kimberly-Clark Corp (KMB, Financial) in one year is $129.70, suggesting a downside of 5.96% from the current price of $137.92. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Kimberly-Clark Corp (KMB) Summary page.
