Clorox (CLX) Stock Forecast & Price Target

$163.33

+1.29 (+0.80%)

(As of 09/20/2024 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

Reduce
Based on 18 Analyst Ratings

Based on 18 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 18 analysts, 6 have given a sell rating, and 12 have given a hold rating for CLX.

Consensus Price Target

$143.50
-12.14% Downside

High Forecast	$170.00
Average Forecast	$143.50
Low Forecast	$120.00

According to the 18 analysts' twelve-month price targets for Clorox, the average price target is $143.50. The highest price target for CLX is $170.00, while the lowest price target for CLX is $120.00. The average price target represents a forecasted downside of -12.14% from the current price of $163.33.

Type	Current Forecast 9/23/23 to 9/22/24	1 Month Ago 8/24/23 to 8/23/24	3 Months Ago 6/25/23 to 6/24/24	1 Year Ago 9/23/22 to 9/23/23
Consensus Rating	Reduce	Reduce	Reduce	Reduce
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	0 Buy rating(s)	0 Buy rating(s)	0 Buy rating(s)	1 Buy rating(s)
Hold	12 Hold rating(s)	12 Hold rating(s)	13 Hold rating(s)	7 Hold rating(s)
Sell	6 Sell rating(s)	6 Sell rating(s)	5 Sell rating(s)	6 Sell rating(s)
Consensus Price Target	$143.50	$141.94	$145.33	$147.64
Forecasted Upside	-12.14% Downside	1.10% Upside	2.99% Upside	-1.37% Downside

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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.

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.

Clorox Stock vs. The Competition

Type	Clorox	Consumer Staples Companies	S&P 500
Consensus Rating Score	1.67	2.45	2.50
Consensus Rating	Reduce	Hold	Moderate Buy
Predicted Upside	-12.14% Downside	621.84% Upside	7.41% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
9/6/2024	BNP Paribas 3 of 5 stars	K. Grundy Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong Sell
9/6/2024	Citigroup 3 of 5 stars		Boost Target	Neutral ➝ Neutral	$165.00 ➝ $170.00	+2.78%
9/6/2024	DA Davidson 3 of 5 stars		Reiterated Rating	Neutral ➝ Neutral	$153.00 ➝ $153.00	-7.55%
8/5/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Underweight ➝ Underweight	$122.00 ➝ $130.00	-8.87%
8/2/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$150.00 ➝ $148.00	+2.71%
8/2/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$144.00 ➝ $151.00	+4.93%
Get the Latest News and Ratings for CLX and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Clorox and its competitors with MarketBeat's FREE daily newsletter.
7/23/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	R. Moskow Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Sell	$122.00	-8.31%
7/10/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Underweight ➝ Underweight	$135.00 ➝ $130.00	-1.70%
6/4/2024	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating	T. Conrad Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold
5/1/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$164.00 ➝ $159.00	+12.63%
5/1/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Underperform ➝ Underperform	$145.00 ➝ $142.00	+1.58%
3/26/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Equal Weight ➝ Equal Weight	$160.00	+5.97%
3/26/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underperform ➝ Hold	$145.00	-3.67%
3/1/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Sell	$140.00	-8.68%
12/15/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underperform ➝ Neutral	$120.00 ➝ $150.00	+5.47%
10/12/2023	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underperform ➝ Market Perform	$120.00	-1.93%
10/5/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Market Perform
9/22/2023	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Hold	$146.00	+8.47%
8/3/2023	Atlantic Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underweight ➝ Neutral
5/3/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$137.00 ➝ $151.00	-9.97%
11/2/2022	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Underperform	$130.00 ➝ $135.00	-7.96%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 08:23 AM ET.

CLX Forecast - Frequently Asked Questions

What is Clorox's forecast for 2024?: According to the research reports of 18 Wall Street equities research analysts, the average twelve-month stock price forecast for Clorox is $143.50, with a high forecast of $170.00 and a low forecast of $120.00.
Should I buy or sell Clorox stock right now?: 18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Clorox in the last year. There are currently 6 sell ratings and 12 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" CLX shares.
Does Clorox's stock price have much downside?: According to analysts, Clorox's stock has a predicted downside of -0.26% based on their 12-month stock forecasts.
Has Clorox been upgraded by Wall Street analysts recently?: Over the previous 90 days, Clorox's stock had 1 upgrade by analysts.
What analysts cover Clorox?: Clorox has been rated by research analysts at Barclays, BNP Paribas, Citigroup, DA Davidson, Deutsche Bank Aktiengesellschaft, JPMorgan Chase & Co., TD Cowen, and Wells Fargo & Company in the past 90 days.
Do Wall Street analysts like Clorox more than its competitors?: 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.