Beiersdorf AG (BEI) Given a €110.00 Price Target by Warburg Research Analysts
Beiersdorf AG (ETR:BEI) received a €110.00 ($122.22) price objective from equities researchers at Warburg Research in a research report issued on Wednesday. The brokerage currently has a a “buy” rating on the stock.
Several other equities analysts have also recently commented on the company. JPMorgan Chase & Co. set a €80.00 ($88.89) price target on Beiersdorf AG and gave the company a “neutral” rating in a report on Thursday, June 30th. Deutsche Bank AG set a €100.00 ($111.11) price objective on Beiersdorf AG and gave the company a “buy” rating in a research note on Thursday, August 25th. Bank of America Corp. set a €100.00 ($111.11) price objective on Beiersdorf AG and gave the company a “buy” rating in a research note on Tuesday, September 6th. Barclays PLC set a €77.00 ($85.56) price objective on Beiersdorf AG and gave the company a “sell” rating in a research note on Friday, October 7th. Finally, Commerzbank AG set a €85.00 ($94.44) price objective on Beiersdorf AG and gave the company a “neutral” rating in a research note on Friday, July 22nd. Five research analysts have rated the stock with a sell rating, ten have assigned a hold rating and eleven have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of €87.12 ($96.80).
Beiersdorf AG (ETR:BEI) opened at 81.709 on Wednesday. The stock’s 50 day moving average price is €83.17 and its 200-day moving average price is €81.61. Beiersdorf AG has a 12 month low of €74.16 and a 12 month high of €90.00. The firm has a market capitalization of €18.53 billion and a P/E ratio of 27.373.
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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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