Shares of Beiersdorf AG (ETR:BEI) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $104.19 and traded as high as $104.70. Beiersdorf shares last traded at $103.40, with a volume of 376,837 shares traded.
Several equities research analysts have issued reports on BEI shares. Royal Bank of Canada set a €108.00 ($125.58) target price on Beiersdorf and gave the stock a “neutral” rating in a research note on Monday, August 12th. HSBC set a €122.00 ($141.86) price target on Beiersdorf and gave the stock a “buy” rating in a research report on Thursday, October 10th. Sanford C. Bernstein set a €95.00 ($110.47) price target on Beiersdorf and gave the stock a “sell” rating in a research report on Tuesday, October 1st. Berenberg Bank set a €97.00 ($112.79) price target on Beiersdorf and gave the stock a “sell” rating in a research report on Wednesday, October 16th. Finally, Barclays set a €114.00 ($132.56) price target on Beiersdorf and gave the stock a “buy” rating in a research report on Tuesday, October 8th. Eight research analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of €101.53 ($118.05).
The firm has a 50-day moving average price of €108.15 and a 200 day moving average price of €104.19. The firm has a market capitalization of $23.45 billion and a PE ratio of 31.74. The company has a quick ratio of 1.56, a current ratio of 2.03 and a debt-to-equity ratio of 3.07.
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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