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Kimberly Clark’s Target Boosted at BMO Capital (KMB)

By Dividend.com,  April 23, 2012, 09:50:56 AM EDT

Health and hygiene products maker Kimberly Clark Corp ( KMB ) on Monday receive some positive commentary from analysts at BMO Capital.

The firm maintained its "Market Perform" rating on KMB but lifted its price target to $80, suggesting a 5% upside to the stock's Friday closing price of $76.47. BMO Capital noted the company kicked off the year with a solid start in its Q1 earnings report.

Kimberly Clark shares posted modest losses in premarket trading Monday.

The Bottom Line
We have been recommending shares of Kimberly-Clark ( KMB ) since July 23, 2009, when the stock was trading at $76.47. The company has a 3.87% dividend yield, based on Friday's closing stock price of $76.47.

Kimberly Clark Corp ( KMB ) is a "Recommended" dividend stock, holding a Dividend.com DARS™ Rating of 3.6 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Stocks

Referenced Stocks: KMB



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