A number of other research analysts have also recently commented on the company. Deutsche Bank AG set a €89.00 ($101.14) target price on Beiersdorf AG and gave the company a neutral rating in a research note on Friday, April 28th. J P Morgan Chase & Co restated a sell rating on shares of Beiersdorf AG in a research note on Tuesday, March 28th. Baader Bank set a €96.00 ($109.09) target price on Beiersdorf AG and gave the company a neutral rating in a research note on Thursday, April 27th. Berenberg Bank set a €80.50 ($91.48) target price on Beiersdorf AG and gave the company a sell rating in a research note on Thursday, March 9th. Finally, Royal Bank of Canada set a €89.00 ($101.14) target price on Beiersdorf AG and gave the company a neutral rating in a research note on Saturday, May 20th. Five investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and six have assigned a buy rating to the stock. The company currently has an average rating of Hold and a consensus target price of €90.11 ($102.40).
Beiersdorf AG (ETR BEI) traded up 1.378% during trading on Friday, hitting €92.016. The company had a trading volume of 1,159 shares. Beiersdorf AG has a 1-year low of €75.16 and a 1-year high of €98.40. The company’s 50 day moving average price is €95.21 and its 200-day moving average price is €88.01. The stock has a market capitalization of €20.87 billion and a price-to-earnings ratio of 29.436.
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About Beiersdorf AG
Beiersdorf AG is a Germany-based company engaged in the production of personal products with focus on cosmetic products manufacture. The Company operates through the two business segments Consumer as well as tesa. The Consumer business segment provides skin and beauty care products and comprises operation of portfolio brands such as NIVEA, Eucerin, Labello, la prairie, Hansaplast and Florena, among others.
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