Beiersdorf AG (BEI) Given a €89.00 Price Target at Royal Bank of Canada
Beiersdorf AG (ETR:BEI) has been assigned a €89.00 ($97.80) price objective by Royal Bank of Canada in a research note issued on Saturday. The brokerage currently has a “neutral” rating on the stock.
Several other brokerages also recently commented on BEI. Berenberg Bank set a €81.50 ($89.56) price target on shares of Beiersdorf AG and gave the company a “sell” rating in a report on Friday, April 28th. Baader Bank set a €96.00 ($105.49) price target on shares of Beiersdorf AG and gave the company a “neutral” rating in a report on Friday, April 21st. Barclays PLC set a €75.00 ($82.42) target price on shares of Beiersdorf AG and gave the stock a “sell” rating in a research note on Monday, January 23rd. DZ Bank AG restated a “buy” rating on shares of Beiersdorf AG in a research note on Thursday, March 9th. Finally, S&P Global set a €95.00 ($104.40) target price on shares of Beiersdorf AG and gave the stock a “neutral” rating in a research note on Friday, April 28th. Five investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of €88.70 ($97.48).
Beiersdorf AG (ETR:BEI) traded up 0.859% during mid-day trading on Friday, hitting €93.567. 614 shares of the stock were exchanged. Beiersdorf AG has a 52 week low of €74.16 and a 52 week high of €94.96. The company’s 50-day moving average price is €91.63 and its 200 day moving average price is €84.41. The firm has a market capitalization of €21.22 billion and a price-to-earnings ratio of 29.932.
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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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