Zacks Investment Research downgraded Clorox Co (NYSE:CLX) to Hold in a report released today.
- Updated: October 4, 2016
Zacks Investment Research has downgraded Clorox Co (NYSE:CLX) to Hold in a report released on 10/04/2016.
Just yesterday Clorox Co (NYSE:CLX) traded -1.82% lower at $121.90. Clorox Co’s 50-day moving average is $127.67 and its 200-day moving average is $130.07. The last stock price is down -6.16% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 1,204,046 shares of CLX traded hands, up from an average trading volume of 863,961
Recent Performance Chart
Clorox Co has 52 week low of $117.52 and a 52 week high of $140.47 with a PE ratio of 24.81 and has a market capitalization of $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 12 brokerages have issued a ratings update on the company. The average stock price target is $123.58 with 1 brokerage rating the stock a strong buy, 0 brokerages rating the stock a buy, 9 brokerages rating the stock a hold, 5 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On Clorox Co (NYSE:CLX)
The Clorox Company is a manufacturer and marketer of consumer and professional products. The Company sells its products primarily through mass retail outlets, e-commerce channels, wholesale distributors and medical supply distributors. The Company operates through four segments: Cleaning, Household, Lifestyle and International. Its Cleaning segment consists of laundry, home care and professional products marketed and sold in the United States. Its Household segment consists of charcoal, cat litter and plastic bags, wraps and container products marketed and sold in the United States. Its Lifestyle segment consists of food products, water-filtration systems and filters, and natural personal care products marketed and sold in the United States. Its International segment consists of products sold outside the United States. It markets some of the consumer brand names, such as namesake bleach and cleaning products, Pine-Sol cleaners, Liquid-Plumr clog removers and Kingsford charcoal.
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