Analyst Expectations for Clorox's Future
Portfolio Pulse from Benzinga Insights
Analysts have recently updated their ratings for Clorox (NYSE:CLX), with 3 bullish, 7 indifferent, and 5 somewhat bearish ratings in the last quarter. The average 12-month price target among 15 analysts is $137.67, with a high of $162.00 and a low of $117.00. This target is a 5.82% decrease from the previous target of $146.18. Analyst ratings are a tool for investors to gauge stock performance, but they are subject to human error.
December 15, 2023 | 5:00 pm
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NEUTRAL IMPACT
Clorox has received mixed analyst ratings with an average 12-month price target of $137.67, which is a decrease from the previous target. The ratings include 3 bullish, 7 indifferent, and 5 somewhat bearish.
The mixed analyst ratings with a majority being indifferent or somewhat bearish suggest a neutral outlook for Clorox's stock price in the short term. The decrease in the average price target may indicate a tempered expectation for the company's future performance, but as there are no extreme bearish views, the impact is likely to be moderate.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100