Beiersdorf (ETR:BEI) Given a €108.00 Price Target at Independent Research

Beiersdorf (ETR:BEI) has been assigned a €108.00 ($133.33) price objective by equities researchers at Independent Research in a research note issued on Wednesday, January 10th. The brokerage presently has a “neutral” rating on the stock. Independent Research’s price objective would suggest a potential upside of 13.95% from the company’s previous close.

Several other research analysts have also recently issued reports on BEI. Jefferies Group set a €95.00 ($117.28) target price on shares of Beiersdorf and gave the stock a “neutral” rating in a report on Tuesday, October 10th. S&P Global set a €100.00 ($123.46) target price on shares of Beiersdorf and gave the stock a “neutral” rating in a report on Tuesday, January 9th. Nord/LB set a €88.00 ($108.64) price target on shares of Beiersdorf and gave the stock a “sell” rating in a research note on Tuesday, January 9th. Berenberg Bank set a €82.00 ($101.23) price target on shares of Beiersdorf and gave the stock a “sell” rating in a research note on Friday, October 27th. Finally, Morgan Stanley set a €110.00 ($135.80) target price on shares of Beiersdorf and gave the company a “buy” rating in a research report on Tuesday, January 9th. Six analysts have rated the stock with a sell rating, twelve have given a hold rating and five have assigned a buy rating to the company. Beiersdorf presently has an average rating of “Hold” and a consensus target price of €96.95 ($119.70).

Beiersdorf (ETR:BEI) traded down €0.24 ($0.30) during trading hours on Wednesday, hitting €94.78 ($117.01). 488,572 shares of the stock traded hands, compared to its average volume of 358,924. Beiersdorf has a 12-month low of €81.09 ($100.11) and a 12-month high of €102.00 ($125.93). The stock has a market cap of $23,880.00 and a PE ratio of 29.34.

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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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