How Many The Clorox Company (NYSE:CLX)’s Analysts Are Bearish?

June 16, 2018 - By wolcottdaily

The Clorox Company (NYSE:CLX) LogoInvestors sentiment decreased to 0.85 in Q1 2018. Its down 0.22, from 1.07 in 2017Q4. It dropped, as 57 investors sold The Clorox Company shares while 264 reduced holdings. 68 funds opened positions while 206 raised stakes. 93.60 million shares or 0.62% more from 93.02 million shares in 2017Q4 were reported.
Gateway Inv Advisers Ltd Liability Corporation holds 7,865 shares. First Trust Advsrs Ltd Partnership holds 258,577 shares. Banque Pictet Cie accumulated 0.01% or 2,000 shares. Orrstown Fin Svcs Inc owns 22 shares. Dekabank Deutsche Girozentrale reported 0.08% in The Clorox Company (NYSE:CLX). Fdx Advsrs Inc holds 0.06% of its portfolio in The Clorox Company (NYSE:CLX) for 15,602 shares. Page Arthur B invested 0.22% of its portfolio in The Clorox Company (NYSE:CLX). Moreover, East Coast Asset Mngmt Ltd Company has 0.15% invested in The Clorox Company (NYSE:CLX) for 3,947 shares. Cornerstone reported 0.07% in The Clorox Company (NYSE:CLX). 61,107 were reported by Shell Asset Mgmt Com. Tocqueville Asset Mngmt Limited Partnership, a New York-based fund reported 2,395 shares. Hamel Associate Inc owns 1,725 shares. Bahl Gaynor holds 0.04% in The Clorox Company (NYSE:CLX) or 25,221 shares. Schmidt P J Investment Mngmt stated it has 16,051 shares or 0.63% of all its holdings. Baker Ellis Asset Management Limited Liability Corporation reported 4,423 shares.

The Clorox Company (NYSE:CLX) Ratings Coverage

Among 9 analysts covering Clorox (NYSE:CLX), 1 have Buy rating, 1 Sell and 7 Hold. Therefore 11% are positive. Clorox has $155.0 highest and $113 lowest target. $131.50’s average target is 2.06% above currents $128.85 stock price. Clorox had 16 analyst reports since January 4, 2018 according to SRatingsIntel. The rating was maintained by Morgan Stanley on Monday, February 5 with “Equal-Weight”. As per Friday, May 4, the company rating was maintained by Citigroup. As per Thursday, May 3, the company rating was maintained by Morgan Stanley. The company was downgraded on Thursday, April 19 by Morgan Stanley. The stock of The Clorox Company (NYSE:CLX) has “Equal-Weight” rating given on Thursday, April 5 by Morgan Stanley. On Thursday, May 3 the stock rating was maintained by Bank of America with “Neutral”. The stock of The Clorox Company (NYSE:CLX) earned “Hold” rating by Jefferies on Thursday, January 4. The company was downgraded on Thursday, February 8 by Argus Research. The rating was upgraded by Bank of America on Thursday, January 4 to “Hold”. JP Morgan maintained The Clorox Company (NYSE:CLX) on Tuesday, March 13 with “Neutral” rating. Below is a list of The Clorox Company (NYSE:CLX) latest ratings and price target changes.

04/05/2018 Broker: Citigroup Old Rating: Neutral New Rating: Neutral Old Target: $139 New Target: $126 Maintain
03/05/2018 Broker: Morgan Stanley Old Rating: Underweight New Rating: Underweight Old Target: $116 New Target: $113 Maintain
03/05/2018 Broker: Bank of America Old Rating: Neutral New Rating: Neutral Old Target: $140 New Target: $130 Maintain
03/05/2018 Broker: BMO Capital Markets Old Rating: Outperform New Rating: Outperform Old Target: $147 New Target: $131 Maintain
19/04/2018 Broker: Wells Fargo Rating: Hold New Target: $130.0000 Maintain
19/04/2018 Broker: Morgan Stanley Rating: Sell New Target: $116.0000 Downgrade
05/04/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $133 New Target: $128 Maintain
13/03/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Neutral Old Target: $139 New Target: $138 Maintain
08/02/2018 Broker: Argus Research Old Rating: Buy New Rating: Hold Downgrade
05/02/2018 Broker: BMO Capital Markets Rating: Buy New Target: $147.0 Maintain

The stock increased 0.75% or $0.96 during the last trading session, reaching $128.85. About 1.89M shares traded or 39.07% up from the average. The Clorox Company (NYSE:CLX) has declined 9.29% since June 16, 2017 and is downtrending. It has underperformed by 21.86% the S&P500.

The Clorox Company manufactures and markets consumer and professional products worldwide. The company has market cap of $16.69 billion. It operates through four divisions: Cleaning, Household, Lifestyle, and International. It has a 21.26 P/E ratio. The firm offers laundry additives, including bleach products under the Clorox brand, as well as Clorox 2 stain fighters and color boosters; home care products primarily under the Clorox, Formula 409, Liquid-Plumr, Pine-Sol, S.O.S, and Tilex brands; naturally derived products under the Green Works brand; and professional cleaning and disinfecting products under the Clorox, Dispatch, Aplicare, HealthLink, and Clorox Healthcare brands.

More news for The Clorox Company (NYSE:CLX) were recently published by: Fool.com, which released: “Clorox Stock and Its 41-Year Track Record of Dividend Growth” on June 15, 2018. Fool.com‘s article titled: “Can Clorox’s Steady Appetite for M&A Deliver Long-Term Growth?” and published on June 05, 2018 is yet another important article.

The Clorox Company (NYSE:CLX) Institutional Positions Chart

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