Beiersdorf AG (ETR:BEI) has been assigned a €95.00 ($110.47) target price by research analysts at Jefferies Group LLC in a report released on Monday, October 30th. The brokerage currently has a “neutral” rating on the stock. Jefferies Group LLC’s price objective would indicate a potential downside of 1.69% from the stock’s previous close.
A number of other analysts have also recently weighed in on BEI. Morgan Stanley set a €110.00 ($127.91) price objective on shares of Beiersdorf AG and gave the stock a “buy” rating in a report on Friday, July 7th. Barclays PLC set a €75.00 ($87.21) target price on shares of Beiersdorf AG and gave the company a “sell” rating in a report on Friday, July 7th. Goldman Sachs Group, Inc. (The) set a €97.00 ($112.79) target price on shares of Beiersdorf AG and gave the company a “neutral” rating in a report on Monday, July 10th. UBS AG reaffirmed a “sell” rating on shares of Beiersdorf AG in a report on Monday, July 17th. Finally, Kepler Capital Markets set a €95.00 ($110.47) target price on shares of Beiersdorf AG and gave the company a “neutral” rating in a report on Tuesday, July 18th. Five research analysts have rated the stock with a sell rating, twelve have given a hold rating and six have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of €94.23 ($109.57).
Shares of Beiersdorf AG (ETR BEI) traded down €0.19 ($0.22) during trading on Monday, reaching €96.63 ($112.36). 388,306 shares of the company were exchanged, compared to its average volume of 434,803. Beiersdorf AG has a one year low of €75.11 ($87.34) and a one year high of €98.55 ($114.59).
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About Beiersdorf AG
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 products and system solutions for industries, craft businesses, and consumers.
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