Beiersdorf (BEI) Given a €99.00 Price Target by Goldman Sachs Group Analysts

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Beiersdorf (ETR:BEI) has been given a €99.00 ($115.12) price objective by equities research analysts at Goldman Sachs Group in a research note issued on Tuesday. The brokerage currently has a “neutral” rating on the stock. Goldman Sachs Group’s price target would indicate a potential upside of 9.01% from the stock’s previous close.

Several other equities research analysts have also weighed in on the stock. Credit Suisse Group set a €95.00 ($110.47) target price on shares of Beiersdorf and gave the stock a “neutral” rating in a report on Friday, August 31st. JPMorgan Chase & Co. set a €101.00 ($117.44) target price on shares of Beiersdorf and gave the stock a “neutral” rating in a report on Tuesday, August 21st. Barclays set a €84.00 ($97.67) target price on shares of Beiersdorf and gave the stock a “sell” rating in a report on Tuesday, September 4th. Nord/LB set a €92.00 ($106.98) target price on shares of Beiersdorf and gave the stock a “neutral” rating in a report on Tuesday, August 7th. Finally, DZ Bank reiterated a “neutral” rating on shares of Beiersdorf in a research report on Wednesday, August 8th. Four investment analysts have rated the stock with a sell rating, seventeen have issued a hold rating and two have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of €97.27 ($113.11).

Shares of BEI traded down €2.04 ($2.37) during trading hours on Tuesday, hitting €90.82 ($105.60). The stock had a trading volume of 1,058,040 shares, compared to its average volume of 494,110. Beiersdorf has a 52 week low of €85.12 ($98.98) and a 52 week high of €102.00 ($118.60).

About Beiersdorf

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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