Henkel AG & Co. (HENKY) Upgraded to “Hold” by Zacks Investment Research
Henkel AG & Co. (OTCMKTS:HENKY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report issued on Tuesday.
According to Zacks, “HENKEL KGAA ADR’s principal activities are divided into four product divisions: Henkel technologies-industrial adhesives, contact adhesives and sealant; Cosmetics/toiletries-hair cosmetics, toiletries, oral and skin care, hair salon products; Detergents/household cleaners-heavy duty and specialty detergents, fabric softeners, household cleansers, kitchen care products, shoe care products, plant care products; Adhesives-adhesives, contact adhesives and sealant for consumer and craftsman. “
Several other analysts have also recently commented on HENKY. Raymond James Financial, Inc. cut shares of Henkel AG & Co. from an “outperform” rating to a “market perform” rating in a research note on Tuesday, September 26th. Jefferies Group LLC reaffirmed a “buy” rating on shares of Henkel AG & Co. in a research note on Tuesday, July 25th.
Henkel AG & Co. (HENKY) traded down 0.46% on Tuesday, reaching $125.62. The stock’s 50 day moving average is $122.88 and its 200-day moving average is $120.84. Henkel AG & Co. has a 1-year low of $97.65 and a 1-year high of $127.18. The stock has a market capitalization of $54.55 billion, a P/E ratio of 20.75 and a beta of 1.06.
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About Henkel AG & Co.
Henkel AG & Co KGaA, together with its subsidiaries, engages in laundry and home care, beauty care, and adhesive technology businesses worldwide. The companys Laundry and Home Care segment offers heavy-duty and specialty detergents, fabric softeners, laundry performance enhancers, and laundry care products; hand and automatic dishwashing products; cleaners for bathroom and WC applications; household, glass, and specialty cleaners; and air fresheners and insecticides for household applications.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
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