Beiersdorf AG (BEI) Rating Reiterated by JPMorgan Chase & Co.
Beiersdorf AG (ETR:BEI)‘s stock had its “sell” rating restated by equities researchers at JPMorgan Chase & Co. in a report released on Thursday.
Several other research firms have also commented on BEI. Goldman Sachs Group Inc. set a €84.00 ($93.33) price target on Beiersdorf AG and gave the stock a “neutral” rating in a research report on Friday, August 5th. Macquarie set a €89.00 ($98.89) price target on Beiersdorf AG and gave the stock a “buy” rating in a research report on Thursday, June 30th. Baader Bank set a €86.00 ($95.56) price target on Beiersdorf AG and gave the stock a “neutral” rating in a research report on Monday, July 18th. Bank of America Corp. set a €100.00 ($111.11) price target on Beiersdorf AG and gave the stock a “buy” rating in a research report on Tuesday, September 6th. Finally, Kepler Capital Markets set a €91.00 ($101.11) price target on Beiersdorf AG and gave the stock a “buy” rating in a research report on Friday, August 5th. Five equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and eleven have given a buy rating to the company’s stock. Beiersdorf AG presently has an average rating of “Hold” and a consensus target price of €87.08 ($96.76).
Beiersdorf AG (ETR:BEI) opened at 83.80 on Thursday. The stock has a 50 day moving average price of €83.36 and a 200 day moving average price of €81.32. Beiersdorf AG has a 1-year low of €74.00 and a 1-year high of €90.00. The company has a market cap of €19.01 billion and a P/E ratio of 28.07.
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About Beiersdorf AG
Beiersdorf AG is a Germany-based company engaged in the production of personal products with focus on cosmetic products manufacture. The Company operates through the two business segments Consumer as well as tesa. The Consumer business segment provides skin and beauty care products and comprises operation of portfolio brands such as NIVEA, Eucerin, Labello, la prairie, Hansaplast and Florena, among others.
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