Beiersdorf AG (BEI) Receives Average Rating of “Hold” from Brokerages

Beiersdorf AG (ETR:BEI) has been given an average recommendation of “Hold” by the twenty-three ratings firms that are currently covering the stock, MarketBeat reports. Six research analysts have rated the stock with a sell rating, twelve have given a hold rating and five have issued a buy rating on the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is €97.18 ($119.98).

A number of analysts have weighed in on the stock. Goldman Sachs Group set a €100.00 ($123.46) target price on shares of Beiersdorf and gave the stock a “neutral” rating in a report on Wednesday, February 7th. BNP Paribas set a €99.00 ($122.22) target price on shares of Beiersdorf and gave the stock a “neutral” rating in a report on Wednesday, January 31st. JPMorgan Chase & Co. set a €91.00 ($112.35) target price on shares of Beiersdorf and gave the stock a “sell” rating in a report on Friday, January 26th. DZ Bank reaffirmed a “neutral” rating on shares of Beiersdorf in a report on Monday, January 22nd. Finally, Barclays set a €88.00 ($108.64) price objective on shares of Beiersdorf and gave the stock a “sell” rating in a report on Monday, January 22nd.

Shares of Beiersdorf (ETR BEI) opened at €91.52 ($112.99) on Tuesday. The firm has a market cap of $23,060.00 and a price-to-earnings ratio of 28.33. Beiersdorf has a twelve month low of €83.06 ($102.54) and a twelve month high of €102.00 ($125.93).

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About Beiersdorf

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.

Analyst Recommendations for Beiersdorf (ETR:BEI)

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