Market Overview

UPDATE: Deutsche Bank Reiterates Hold Rating, Raises PT on The Clorox Company

Share:
Related CLX
Is Social Media Hurting ESPN's NFL Draft Coverage? Not Much As You Might Think
Earnings Scheduled For May 3, 2017

In a report published Monday, Deutsche Bank reiterated its Hold rating on The Clorox Company (NYSE: CLX), and slightly raised its price target from $72.00 to $73.00.

Deutsche Bank noted, “Call forwarding - Moderating commodity costs, residual pricing and proven cost savings are driving modest operating profit growth despite relatively tepid sales growth trends for both the company and its categories. Company still dominates its mid-sized categories by leading with innovation and marketing acumen, but risk/reward is balanced at these valuation levels relative to growth potential.”

The Clorox Company closed on Friday at $73.05.

Latest Ratings for CLX

DateFirmActionFromTo
Apr 2017JefferiesInitiates Coverage OnHold
Mar 2017JP MorganInitiates Coverage OnNeutral
Jan 2017BarclaysUpgradesUnderweightEqual-Weight

View More Analyst Ratings for CLX
View the Latest Analyst Ratings

Posted-In: Deutsche BankAnalyst Color Price Target Analyst Ratings

 

Related Articles (CLX)

View Comments and Join the Discussion!