Beiersdorf AG (BEI) Given a €86.00 Price Target at Baader Bank
Beiersdorf AG (ETR:BEI) has been given a €86.00 ($95.56) target price by equities research analysts at Baader Bank in a research report issued to clients and investors on Wednesday. The brokerage currently has a a “neutral” rating on the stock.
A number of other brokerages have also recently weighed in on BEI. DZ Bank AG restated a “buy” rating on shares of Beiersdorf AG in a report on Thursday, August 4th. Commerzbank AG set a €85.00 ($94.44) price objective on shares of Beiersdorf AG and gave the company a “neutral” rating in a report on Thursday, August 4th. Independent Research GmbH set a €89.00 ($98.89) price objective on shares of Beiersdorf AG and gave the company a “neutral” rating in a report on Friday, July 29th. Credit Suisse Group AG set a €85.00 ($94.44) price objective on shares of Beiersdorf AG and gave the company a “neutral” rating in a report on Monday, July 25th. Finally, Kepler Capital Markets set a €91.00 ($101.11) price objective on shares of Beiersdorf AG and gave the company a “buy” rating in a report on Thursday, June 30th. Five investment analysts have rated the stock with a sell rating, ten have issued a hold rating and eleven have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of €87.12 ($96.80).
Shares of Beiersdorf AG (ETR:BEI) opened at 81.709 on Wednesday. Beiersdorf AG has a 52 week low of €74.16 and a 52 week high of €90.00. The stock has a market cap of €18.53 billion and a PE ratio of 27.373. The firm has a 50-day moving average of €83.17 and a 200 day moving average of €81.61.
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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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