Beiersdorf AG (BEI) Receives “Sell” Rating from JPMorgan Chase & Co.
Beiersdorf AG (ETR:BEI)‘s stock had its “sell” rating reaffirmed by analysts at JPMorgan Chase & Co. in a report issued on Thursday.
Other analysts have also recently issued research reports about the company. BNP Paribas set a €87.00 ($96.67) target price on Beiersdorf AG and gave the stock a “neutral” rating in a report on Thursday, June 9th. Baader Bank set a €86.00 ($95.56) target price on Beiersdorf AG and gave the stock a “neutral” rating in a report on Wednesday, August 17th. Commerzbank AG set a €85.00 ($94.44) price target on Beiersdorf AG and gave the company a “neutral” rating in a report on Thursday, August 4th. Bankhaus Lampe set a €80.00 ($88.89) price target on Beiersdorf AG and gave the company a “neutral” rating in a report on Thursday, August 4th. Finally, Barclays PLC set a €76.00 ($84.44) price target on Beiersdorf AG and gave the company a “sell” rating in a report on Friday, August 5th. Five investment analysts have rated the stock with a sell rating, ten have given a hold rating and eleven have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of €87.08 ($96.76).
Shares of Beiersdorf AG (ETR:BEI) opened at 83.80 on Thursday. Beiersdorf AG has a 52 week low of €74.00 and a 52 week high of €90.00. The firm has a market capitalization of €19.01 billion and a PE ratio of 28.07. The company has a 50-day moving average of €83.36 and a 200-day moving average of €81.32.
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Beiersdorf AG Company Profile
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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