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).
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Source: Fool.com
Kimberly-Clark Corp Stock
€130.06
0.620%
Currently there is a rather positive sentiment for Kimberly-Clark Corp with 12 Buy predictions and 8 Sell predictions.
On the other hand, the target price of 129 € is below the current price of 130.06 € for Kimberly-Clark Corp, so the potential is actually -0.82%.
