Kimberly Clark (KMB) Receives a Hold from Barclays

Kimberly Clark (KMB) received a Hold rating from Barclays, with a price target of $106.00, according to a report dated October 15. The stock closed the previous session at $104.07. Barclays analyst Lauren Lieberman covers the Consumer Defensive sector and, per TipRanks, has an average return of 3.5% with a 56.71% success rate on recommended stocks. The company also saw another Hold rating from Wells Fargo’s Christopher Carey in a report issued the day before. In contrast, Bank of America Securities maintained a Buy rating on October 9. The article cites Kimberly Clark’s latest results for the quarter ending June 30, with revenue of $4.19 billion and net profit of $345 million versus $4.16 billion revenue and $509 million net profit last year.