Beiersdorf (ETR:BEI) has been given a €118.00 ($137.21) price target by analysts at JPMorgan Chase & Co. in a report released on Thursday, September 26th, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock. JPMorgan Chase & Co.‘s price target indicates a potential upside of 14.18% from the stock’s previous close.
A number of other research firms have also recently weighed in on BEI. DZ Bank reaffirmed a “neutral” rating on shares of Beiersdorf in a report on Tuesday, August 6th. Societe Generale set a €114.00 ($132.56) price objective on shares of Beiersdorf and gave the stock a “neutral” rating in a report on Monday, July 29th. HSBC set a €122.00 ($141.86) price objective on shares of Beiersdorf and gave the stock a “buy” rating in a report on Thursday, July 18th. Barclays set a €119.00 ($138.37) target price on shares of Beiersdorf and gave the company a “buy” rating in a research note on Tuesday, August 6th. Finally, Nord/LB set a €99.00 ($115.12) target price on shares of Beiersdorf and gave the company a “neutral” rating in a research note on Wednesday, August 7th. Seven equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and five have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of €100.64 ($117.03).
Shares of BEI stock traded down €1.35 ($1.57) during trading hours on Thursday, reaching €103.35 ($120.17). The stock had a trading volume of 557,369 shares, compared to its average volume of 494,110. The company has a debt-to-equity ratio of 3.07, a current ratio of 2.03 and a quick ratio of 1.56. Beiersdorf has a twelve month low of €80.60 ($93.72) and a twelve month high of €117.25 ($136.34). The firm has a 50-day simple moving average of €109.37 and a 200-day simple moving average of €103.38. The firm has a market capitalization of $23.44 billion and a PE ratio of 31.72.
Beiersdorf 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 system and product solutions for industries, craft businesses, and consumers.
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