Why 2017 Was a Year to Forget for Kimberly-Clark Corporation
One of the benefits of owning a diversified consumer goods stock like Kimberly Clark (NYSE: KMB) is that you're unlikely to suffer from dramatic swings in the business. Demand for diapers and tissue paper doesn't change much, after all, so earnings and sales growth tend to hold steady and produce boring, but consistently positive gains.
Kimberly Clark kept up its side of this bargain by delivering modestly higher revenue and profits this year. However, 2017 tilted toward the negative for this business as its operating trends worsened compared to peers like Procter & Gamble (NYSE: PG) and Unilever (NYSE: UL).
Source: Fool.com
Kimberly-Clark Corp Stock
Based on 5 Buy predictions and 7 Sell predictions the sentiment towards Kimberly-Clark Corp is rather balanced.
A slightly negative potential of -8.37% at a current price of 126.6 € for Kimberly-Clark Corp is the result of a target price of 116 €.