Beiersdorf (ETR:BEI) Earns Buy Rating from DZ Bank

DZ Bank reissued their buy rating on shares of Beiersdorf (ETR:BEI) in a report released on Tuesday morning, Borsen Zeitung reports.

BEI has been the subject of a number of other research reports. Deutsche Bank set a €105.00 ($122.09) price objective on shares of Beiersdorf and gave the company a neutral rating in a report on Wednesday, October 9th. Nord/LB set a €99.00 ($115.12) price objective on shares of Beiersdorf and gave the company a neutral rating in a report on Wednesday, August 7th. Independent Research set a €108.00 ($125.58) price objective on shares of Beiersdorf and gave the company a neutral rating in a report on Tuesday. UBS Group set a €96.00 ($111.63) price objective on shares of Beiersdorf and gave the company a sell rating in a report on Tuesday. Finally, Credit Suisse Group set a €99.00 ($115.12) price target on shares of Beiersdorf and gave the company a sell rating in a report on Monday. Seven equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have given a buy rating to the company’s stock. The company currently has a consensus rating of Hold and an average target price of €103.33 ($120.15).

Shares of ETR BEI opened at €106.15 ($123.43) on Tuesday. The stock has a market cap of $24.08 billion and a P/E ratio of 32.58. The firm has a 50 day moving average price of €106.29 and a 200 day moving average price of €104.67. The company has a debt-to-equity ratio of 3.07, a quick ratio of 1.56 and a current ratio of 2.03. Beiersdorf has a 52-week low of €80.60 ($93.72) and a 52-week high of €117.25 ($136.34).

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 system and product solutions for industries, craft businesses, and consumers.

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Analyst Recommendations for Beiersdorf (ETR:BEI)

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