HSBC Analysts Give Beiersdorf (ETR:BEI) a €122.00 Price Target

HSBC set a €122.00 ($141.86) price target on Beiersdorf (ETR:BEI) in a research report released on Thursday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

Other analysts have also recently issued reports about the stock. Royal Bank of Canada reissued a hold rating and set a $0.35 price objective on shares of DB Commodity Double Short ETN in a research note on Friday, July 12th. Goldman Sachs Group cut shares of E.ON SE Sponsored ADR (Germany) from a buy rating to a neutral rating in a research note on Tuesday, May 14th. Kepler Capital Markets reissued a buy rating and set a $134.00 price objective on shares of Airbus in a research note on Tuesday, April 30th. Barclays boosted their price objective on shares of Roper Technologies from $342.00 to $355.00 and gave the company an equal weight rating in a research note on Tuesday, July 9th. Finally, Warburg Research set a €60.00 ($69.77) price objective on shares of Indus and gave the company a buy rating in a research note on Tuesday, May 14th. Four analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and three have issued a buy rating to the company’s stock. Beiersdorf has an average rating of Hold and a consensus target price of €96.29 ($111.96).

Shares of ETR BEI opened at €106.20 ($123.49) on Thursday. Beiersdorf has a 52-week low of €80.60 ($93.72) and a 52-week high of €109.35 ($127.15). The company’s fifty day moving average is €106.14. The stock has a market cap of $24.09 billion and a PE ratio of 33.08. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.95 and a quick ratio of 1.46.

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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Analyst Recommendations for Beiersdorf (ETR:BEI)

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