Beiersdorf AG (BEI) Receives Average Recommendation of “Hold” from Brokerages
Beiersdorf AG (ETR:BEI) has been given an average rating of “Hold” by the twenty-three analysts that are covering the company, Marketbeat Ratings reports. Five analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and five have issued a buy rating on the company. The average 12 month target price among brokerages that have covered the stock in the last year is €92.53 ($110.15).
A number of research firms have weighed in on BEI. J P Morgan Chase & Co restated a “sell” rating on shares of Beiersdorf AG in a research report on Thursday, September 7th. Sanford C. Bernstein set a €79.00 ($94.05) target price on Beiersdorf AG and gave the stock a “sell” rating in a research report on Thursday, August 31st. Berenberg Bank set a €80.00 ($95.24) target price on Beiersdorf AG and gave the stock a “sell” rating in a research report on Wednesday, August 30th. Royal Bank Of Canada restated a “neutral” rating on shares of Beiersdorf AG in a research report on Tuesday, August 22nd. Finally, Jefferies Group LLC set a €95.00 ($113.10) target price on Beiersdorf AG and gave the stock a “neutral” rating in a research report on Friday, August 18th.
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Beiersdorf AG (BEI) opened at 92.11 on Friday. The stock has a market capitalization of €20.89 billion and a P/E ratio of 28.55. The company has a 50-day moving average price of €90.34 and a 200 day moving average price of €91.47. Beiersdorf AG has a 1-year low of €75.16 and a 1-year high of €98.40.
Beiersdorf AG Company Profile
Beiersdorf Aktiengesellschaft manufactures and distributes consumer goods in Europe, the Americas, Africa, Asia, and Australia. It operates in two segments, Consumer Business and tesa Business. The Consumer Business segment offers skin and body care products. The tesa Business segment manufactures and sells self-adhesive products and system solutions for industries, craft businesses, and consumers.
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