Beiersdorf (ETR:BEI) has been given a €110.00 ($135.80) price target by research analysts at Morgan Stanley in a report issued on Tuesday, January 9th. The firm presently has a “buy” rating on the stock. Morgan Stanley’s target price would indicate a potential upside of 16.06% from the stock’s previous close.
A number of other analysts have also weighed in on the stock. Goldman Sachs Group set a €96.00 ($118.52) target price on shares of Beiersdorf and gave the stock a “neutral” rating in a report on Tuesday, January 9th. JPMorgan Chase & Co. set a €91.00 ($112.35) price target on shares of Beiersdorf and gave the stock a “sell” rating in a report on Tuesday, January 9th. Royal Bank of Canada set a €94.00 ($116.05) price target on shares of Beiersdorf and gave the stock a “neutral” rating in a report on Wednesday, January 3rd. Berenberg Bank set a €82.00 ($101.23) price target on shares of Beiersdorf and gave the stock a “sell” rating in a report on Thursday, November 9th. Finally, Barclays set a €86.00 ($106.17) price objective on shares of Beiersdorf and gave the company a “sell” rating in a research note on Monday, October 30th. Six investment analysts have rated the stock with a sell rating, twelve have given a hold rating and five have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of €96.95 ($119.70).
Beiersdorf (BEI) traded down €0.24 ($0.30) on Tuesday, reaching €94.78 ($117.01). 488,572 shares of the company’s stock were exchanged, compared to its average volume of 357,994. The stock has a market capitalization of $23,950.00 and a PE ratio of 29.34. Beiersdorf has a 52-week low of €81.09 ($100.11) and a 52-week high of €102.00 ($125.93).
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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 products and system solutions for industries, craft businesses, and consumers.
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