Beiersdorf AG (BEI) Given a €86.00 Price Target at Baader Bank
Beiersdorf AG (ETR:BEI) received a €86.00 ($95.56) price objective from equities researchers at Baader Bank in a report issued on Wednesday. The brokerage currently has a a “neutral” rating on the stock.
A number of other analysts also recently weighed in on the company. Warburg Research set a €110.00 ($122.22) target price on Beiersdorf AG and gave the stock a “buy” rating in a research report on Wednesday. Barclays PLC set a €77.00 ($85.56) price target on Beiersdorf AG and gave the stock a “sell” rating in a research note on Friday, October 7th. JPMorgan Chase & Co. set a €75.00 ($83.33) price target on Beiersdorf AG and gave the stock a “sell” rating in a research note on Wednesday, September 28th. Berenberg Bank set a €78.00 ($86.67) price target on Beiersdorf AG and gave the stock a “sell” rating in a research note on Friday, September 9th. Finally, 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 note on Tuesday, September 6th. Five investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and eleven have issued a buy rating to the stock. Beiersdorf AG presently has an average rating of “Hold” and an average target price of €87.12 ($96.80).
Beiersdorf AG (ETR:BEI) traded down 0.099% on Wednesday, hitting €81.709. 20 shares of the stock were exchanged. The company has a 50-day moving average price of €83.17 and a 200-day moving average price of €81.61. The firm has a market cap of €18.53 billion and a PE ratio of 27.373. Beiersdorf AG has a 52-week low of €74.16 and a 52-week high of €90.00.
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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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