Impact of Brokerage Rating on Clorox Company (The)(CLX)

Many Clorox Company (The)(CLX) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Clorox Co was Upgraded by Barclays on Jan 9, 2017 to Equal Weight, Lowers Price Target to $ 111 from a previous price target of $115 .Clorox Co was Upgraded by Morgan Stanley to Equal-Weight on Dec 16, 2016.

Company has reported several Insider transactions to the SEC, on Dec 2, 2016, A D David Mackay (director) purchased 5,000 shares at 114.90 per share price.On Sep 7, 2016, Laura Stein (EVP – General Counsel) sold 38,882 shares at 131.69 per share price.On Aug 31, 2016, Jon M Balousek (SVP – GM, Specialty Div) sold 5,136 shares at 131.14 per share price.

Clorox Co Last issued its quarterly earnings results on Feb 3, 2017. The company reported $1.25 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $1.22. The company had revenue of $1406.00 million for the quarter, compared to analysts expectations of $1407.64 million. The companys revenue was up 4.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.14 EPS.

Clorox Company (The) (NYSE:CLX) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 3.08 by 12 Brokerage Firm. 1 Wall Street Firms have rated the stock as a strong buys. 9 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell. A sell rating was given by 1 analyst.

Clorox Company (The) (NYSE:CLX): According to 8 Analysts, The short term target price has been estimated at $ 124.75.The target price could deviate by a maximum of $10.69 from the forecast price. In the near term, the target price could hit a high of $144 and a low of $ 111.

Clorox Company (The) (NYSE:CLX) rose 0.21% or 0.27 points on Tuesday and made its way into the gainers of the day. After trading began at $126.61 the stock was seen hitting $127.59 as a peak level and $126.25 as the lowest level. The stock ended up at $127.4. The daily volume was measured at 841,462 shares. The 52-week high of the share price is $140.47 and the 52-week low is $111.24. The company has a market cap of $16,341 million.

Clorox Companys business operations, represented by the aggregate of its U.S. Household Products and Canada, U.S. Specialty Products and International segments, include the production and marketing of non-durable consumer products sold primarily through grocery and other retail stores.

Clorox

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