Momentum Stocks in Focus: Mead Johnson Nutrition Company (NYSE:MJN) , Clorox Company (NYSE:CLX)

Mead Johnson Nutrition Company (NYSE:MJN) finalized the last transaction at value of $83.05, with a daily change of -1.08% or -0.91 points. The company maintained volume of 3.76 million shares. In past trading day, the stock hit the maximum price of $84.24 and touched to minimum value of $83.02. It has a market cap of $ 15.31B.

Technical Indicators:

As of last trade close, the stock is trading downside -12.02% from its one year high of $94.40 and moved +19.93% upward from $69.25, which is one year low of the stock.

The stock traded above +12.06% from its 50-day moving average of $74.11. Furthermore, the stock moved up +6.72% to its 200-day MA of $ 77.82.

The 10 analysts offering 12-month price forecasts for Mead Johnson Nutrition Co have a median target of 82.00, with a high estimate of 95.00 and a low estimate of 72.00. The median estimate represents a -1.26% decrease from the last price of 83.05.

The mean estimate of short term price target for MJN’s stock is marked at $82.4 according to consensus agreement of Analysts. The minimum price target estimate has been figured out at $72 while the maximum price target forecast is established at $95. Median price target value has been calculated at $82.5.

On 2/9/2017, Shares of Clorox Company  (NYSE:CLX) closed at $127.40 in last trading day. After noting the initial trading entry at $127.05, it reached to a day’s high of $127.98 and moved to a day’s low of $126.92. The recent daily volume was 1.09 million as contrast to it’s an average volume of 999.6 thousand.

Technical Indicators:

The last close of the Clorox Company  stock reflects that it traded up +4.81% from its 50-day moving average of $121.56. The stock traded above +3.89% to its 200-day MA of $122.63. Furthermore, it moved lower -9.30% from its 52-week high of $140.47 and +14.53% up from $111.24, which is 52-week low of the stock.

The current consensus among 19 polled investment analysts is to hold stock in Clorox Co. This rating has held steady since February, when it was unchanged from a hold rating.

According to consensus agreement of Analysts, the mean estimate of short term price target for CLX stock is marked at $125.21. The minimum price target estimate has been figured out at $112 while the maximum price target forecast is established at $136. Median price target value has been calculated at $125.5.

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