Morgan Stanley Downgrades HENKEL AG AND CO. KG to Equal Weight (HENKY)
HENKEL AG AND CO. KG (OTCMKTS:HENKY) was downgraded by investment analysts at Morgan Stanley from an “overweight” rating to an “equal weight” rating in a note issued to investors on Wednesday, AnalystRatings.NET reports.
HENKEL AG AND CO. KG (OTCMKTS:HENKY) remained flat at $102.04 during trading on Wednesday. HENKEL AG AND CO. KG has a one year low of $70.20 and a one year high of $104.46. The stock has a 50-day moving average of $100.6 and a 200-day moving average of $90.49. The company has a market cap of $44.314 billion and a price-to-earnings ratio of 20.95.
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