Beiersdorf AG (BEI) Receives Average Rating of “Hold” from Brokerages

Shares of Beiersdorf AG (ETR:BEI) have been assigned a consensus recommendation of “Hold” from the twenty-one ratings firms that are currently covering the stock, MarketBeat reports. Four analysts have rated the stock with a sell rating, fifteen have issued a hold rating and two have assigned a buy rating to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is €94.11 ($109.43).

Several equities analysts recently issued reports on the company. Societe Generale set a €100.00 ($116.28) price objective on Beiersdorf and gave the stock a “neutral” rating in a report on Friday, November 2nd. Credit Suisse Group set a €93.00 ($108.14) price target on Beiersdorf and gave the stock a “neutral” rating in a report on Tuesday, October 30th. UBS Group set a €97.00 ($112.79) price target on Beiersdorf and gave the stock a “neutral” rating in a report on Tuesday, October 30th. Sanford C. Bernstein set a €78.00 ($90.70) price target on Beiersdorf and gave the stock a “sell” rating in a report on Wednesday, January 16th. Finally, DZ Bank reissued a “neutral” rating on shares of Beiersdorf in a report on Wednesday, October 31st.

BEI stock traded up €2.06 ($2.40) during midday trading on Tuesday, hitting €90.60 ($105.35). 545,311 shares of the stock were exchanged, compared to its average volume of 494,110. Beiersdorf has a fifty-two week low of €85.12 ($98.98) and a fifty-two week high of €102.00 ($118.60).

Beiersdorf Company Profile

Beiersdorf Aktiengesellschaft manufactures and distributes consumer goods in Europe, the Americas, Africa, Asia, and Australia. Beiersdorf Aktiengesellschaft manufactures and distributes consumer goods in the area of skin and body care; and technical adhesive tapes in Europe, the Americas, Africa, Asia, and Australia.

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Analyst Recommendations for Beiersdorf (ETR:BEI)

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