Shares of Beiersdorf AG (ETR:BEI) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $97.97 and traded as high as $103.15. Beiersdorf shares last traded at $100.95, with a volume of 383,972 shares changing hands.
Several equities analysts recently issued reports on the stock. Independent Research set a €102.00 ($114.61) target price on shares of Beiersdorf and gave the company a “neutral” rating in a report on Tuesday, July 7th. Deutsche Bank set a €110.00 ($123.60) target price on shares of Beiersdorf and gave the company a “neutral” rating in a report on Wednesday, May 6th. Goldman Sachs Group set a €83.00 ($93.26) target price on shares of Beiersdorf and gave the company a “sell” rating in a report on Monday, July 6th. HSBC set a €116.00 ($130.34) price objective on shares of Beiersdorf and gave the company a “buy” rating in a report on Monday, July 20th. Finally, Credit Suisse Group set a €85.00 ($95.51) price objective on shares of Beiersdorf and gave the company a “sell” rating in a report on Friday, June 26th. Six investment analysts have rated the stock with a sell rating, nine have issued a hold rating and three have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of €97.71 ($109.78).
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 firm’s 50-day moving average price is €99.97 and its 200 day moving average price is €97.97. The company has a market capitalization of $22.94 billion and a P/E ratio of 31.95.
About Beiersdorf (ETR:BEI)
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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