Visit any store in the United States and you’ll see that it’s really hard to get spray bleach to disinfect your home. The Clorox Company (NYSE: CLX) has always been the number one brand in cleaning disinfectants.
Pine-Sol® announced today Pine-Sol® Original Multi-Surface Cleaner received approval from the U.S. Environmental Protection Agency (EPA) for kill claims against SARS-Cov-2, the virus that causes COVID-19, on hard non-porous surfaces. The new claims come after third-party laboratory testing proved the disinfectant’s efficacy against the virus with a 10-minute contact time on hard non-porous surfaces. Source: Clorox
Analyst Price Target on CLX $223.33 ▲ (8.48% Upside) Based on 9 analysts offering 12 month price targets for Clorox in the last 3 months. The average price target is $223.33 with a high forecast of $269.00 and a low forecast of $189.00. The average price target represents a 8.48% increase from the last price of $205.87.Source TipRanks
Clorox (CLX) is a worthy dividend stock for your portfolio paying a dividend of $1.11 per share. Clorox’s annualized dividend of $4.44 is up 4.7% from last year.