Kimberly-Clark Mexico stock: Citi cuts target, keeps Buy

Company: Kimberly-Clark de México, S.A.B. de C.V.
ISIN: MXP606941179
Trading venue: Lang &amp; Schwarz
Quote: 1.92 euros
Quote time: 16:39 CET, Friday, November 13, 2026

Published on 11/13/2026 at 16:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Citi cut Kimberly-Clark Mexico stock's target to MXN 44 from MXN 46 and kept Buy. The note flags currency pressure and softer Mexican consumption in 2027.

Key Takeaways for Investors

Citi lowered its price target to MXN 44 from MXN 46 and retained a Buy rating.
The analysis flags peso depreciation, softer Mexican consumption and higher currency-related costs for 2027.
Citi reduced its 2027 EBITDA estimate by 4.9% and forecasts a 25.3% EBITDA margin.

Kimberly-Clark Mexico, MXP606941179, Illustration mit AI erstellt.

Citi lowered its price target for Kimberly-Clark de México to MXN 44 per share from MXN 46 while maintaining a Buy rating in an analysis published on November 11, 2026. The note, presented by ReportGem, points to weaker Mexican consumption and foreign-exchange pressure in the 2027 outlook.

Citi Reworks the 2027 Outlook

Citi's economists forecast an average exchange rate of MXN 18.7 per US dollar in 2027, compared with MXN 18.0 in 2026. The analysis says 60% of Kimberly-Clark de México's costs are denominated in US dollars and that the company has no currency hedges, leaving costs exposed to peso depreciation.

Lower pulp prices could provide some relief. Citi expects pulp prices to decline by 3% in 2027, but reduced its 2027 EBITDA forecast by 4.9% and lowered the projected EBITDA margin by 82 basis points to 25.3%. The report also cites a 2027 valuation of 14.6 times estimated earnings, below the five-year average of 15.5 times.