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Clorox (CLX) Stock Forecast & Price Target

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$167.64 +1.89 (+1.14%)
(As of 11/15/2024 ET)

Clorox - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
5
Hold
9
Buy
1

Based on 15 Wall Street analysts who have issued ratings for Clorox in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 15 analysts, 5 have given a sell rating, 9 have given a hold rating, and 1 has given a buy rating for CLX.

Consensus Price Target

$155.00
-7.54% Downside
According to the 15 analysts' twelve-month price targets for Clorox, the average price target is $155.00. The highest price target for CLX is $187.00, while the lowest price target for CLX is $130.00. The average price target represents a forecasted downside of -7.54% from the current price of $167.64.

CLX Analyst Ratings Over Time

TypeCurrent Forecast
11/17/23 to 11/16/24
1 Month Ago
10/18/23 to 10/17/24
3 Months Ago
8/19/23 to 8/18/24
1 Year Ago
11/17/22 to 11/17/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
1 Buy rating(s)
1 Buy rating(s)
0 Buy rating(s)
2 Buy rating(s)
Hold
9 Hold rating(s)
8 Hold rating(s)
12 Hold rating(s)
7 Hold rating(s)
Sell
5 Sell rating(s)
6 Sell rating(s)
6 Sell rating(s)
6 Sell rating(s)
Consensus Price Target$155.00$150.14$141.94$138.13
Forecasted Upside-7.54% Downside-7.67% Downside-2.38% Downside-0.74% Downside
Consensus Rating
Reduce
Reduce
Reduce
Reduce

CLX Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CLX Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Clorox Stock vs. The Competition

TypeCloroxConsumer Staples CompaniesS&P 500
Consensus Rating Score
1.73
2.46
2.50
Consensus RatingReduceHoldModerate Buy
Predicted Upside-7.54% Downside42.64% Upside9.86% Upside
News Sentiment Rating
Positive News

See Recent CLX News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/6/2024TD Cowen
4 of 5 stars
R. Moskow
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UpgradeSell ➝ Hold$155.00 ➝ $170.00+4.70%
11/4/2024DA Davidson
3 of 5 stars
 Boost TargetNeutral ➝ Neutral$153.00 ➝ $171.00+4.77%
11/1/2024Barclays
3 of 5 stars
 Boost TargetUnderweight ➝ Underweight$137.00 ➝ $139.00-14.03%
10/14/2024Evercore ISI
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 Lower TargetUnderperform ➝ Underperform$140.00 ➝ $139.00-13.29%
10/11/2024JPMorgan Chase & Co.
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 Boost TargetNeutral ➝ Neutral$148.00 ➝ $174.00+10.08%
10/1/2024Jefferies Financial Group
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 UpgradeHold ➝ Buy$174.00 ➝ $187.00+14.79%
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9/6/2024BNP Paribas
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K. Grundy
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UpgradeStrong Sell
9/6/2024Citigroup
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 Boost TargetNeutral ➝ Neutral$165.00 ➝ $170.00+2.78%
8/2/2024Deutsche Bank Aktiengesellschaft
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 Boost TargetHold ➝ Hold$144.00 ➝ $151.00+4.93%
7/10/2024Wells Fargo & Company
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 Lower TargetUnderweight ➝ Underweight$135.00 ➝ $130.00-1.70%
6/4/2024Argus
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T. Conrad
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UpgradeHold
5/1/2024UBS Group
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 Lower TargetNeutral ➝ Neutral$164.00 ➝ $159.00+12.63%
3/26/2024Morgan Stanley
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 Reiterated RatingEqual Weight ➝ Equal Weight$160.00+5.97%
3/1/2024The Goldman Sachs Group
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 Initiated CoverageSell$140.00-8.68%
12/15/2023Bank of America
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 UpgradeUnderperform ➝ Neutral$120.00 ➝ $150.00+5.47%
10/12/2023Sanford C. Bernstein
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 UpgradeUnderperform ➝ Market Perform$120.00-1.93%
10/5/2023Raymond James
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 DowngradeOutperform ➝ Market Perform
9/22/2023HSBC
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 Initiated CoverageHold$146.00+8.47%
8/3/2023Atlantic Securities
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 UpgradeUnderweight ➝ Neutral
5/3/2023Royal Bank of Canada
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 Boost Target$137.00 ➝ $151.00-9.97%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 04:48 PM ET.


CLX Forecast - Frequently Asked Questions

According to the research reports of 15 Wall Street equities research analysts, the average twelve-month stock price forecast for Clorox is $155.00, with a high forecast of $187.00 and a low forecast of $130.00.

15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Clorox in the last twelve months. There are currently 5 sell ratings, 9 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "reduce" CLX shares.

According to analysts, Clorox's stock has a predicted downside of -7.54% based on their 12-month stock forecasts.

Over the previous 90 days, Clorox's stock had 3 upgrades by analysts.

Clorox has been rated by research analysts at Barclays, BNP Paribas, Citigroup, DA Davidson, Evercore ISI, Jefferies Financial Group, JPMorgan Chase & Co., and TD Cowen in the past 90 days.

Analysts like Clorox less than other "consumer staples" companies. The consensus rating for Clorox is Reduce while the average consensus rating for "consumer staples" companies is Hold. Learn more on how CLX compares to other companies.


This page (NYSE:CLX) was last updated on 11/16/2024 by MarketBeat.com Staff
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