Royal Bank of Canada set a €97.00 ($112.79) price objective on Beiersdorf (ETR:BEI) in a report released on Monday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Several other research firms have also recently weighed in on BEI. Deutsche Bank set a €110.00 ($127.91) price objective on shares of Beiersdorf and gave the stock a neutral rating in a research report on Wednesday, March 4th. Warburg Research set a €106.00 ($123.26) price objective on shares of Beiersdorf and gave the stock a neutral rating in a research report on Tuesday, March 3rd. Independent Research set a €105.00 ($122.09) price objective on shares of Beiersdorf and gave the stock a neutral rating in a research report on Wednesday, March 4th. Goldman Sachs Group set a €97.00 ($112.79) target price on Beiersdorf and gave the stock a sell rating in a research note on Tuesday, March 3rd. Finally, Morgan Stanley set a €115.00 ($133.72) target price on Beiersdorf and gave the stock a buy rating in a research note on Thursday, March 5th. Five equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have assigned a buy rating to the stock. The stock presently has an average rating of Hold and an average target price of €100.47 ($116.83).
BEI opened at €95.54 ($111.09) on Monday. Beiersdorf has a twelve month low of €77.62 ($90.26) and a twelve month high of €117.25 ($136.34). The company has a 50-day simple moving average of €97.99 and a 200 day simple moving average of €103.98. The company has a quick ratio of 1.26, a current ratio of 1.67 and a debt-to-equity ratio of 7.52. The stock has a market capitalization of $21.67 billion and a price-to-earnings ratio of 30.18.
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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