Warburg Research set a €106.00 ($123.26) price objective on Beiersdorf (ETR:BEI) in a research note published on Tuesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
BEI has been the subject of a number of other reports. DZ Bank reissued a neutral rating on shares of Beiersdorf in a research note on Tuesday, January 15th. JPMorgan Chase & Co. set a €98.00 ($113.95) price objective on shares of Beiersdorf and gave the stock a neutral rating in a research note on Thursday, January 17th. Kepler Capital Markets set a €93.00 ($108.14) price objective on shares of Beiersdorf and gave the stock a neutral rating in a research note on Thursday, January 17th. Sanford C. Bernstein set a €91.00 ($105.81) price objective on shares of Beiersdorf and gave the stock a sell rating in a research note on Monday, April 29th. Finally, Berenberg Bank set a €83.00 ($96.51) price objective on shares of Beiersdorf and gave the stock a neutral rating in a research note on Thursday, February 28th. Four equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average target price of €93.57 ($108.80).
Shares of BEI opened at €102.30 ($118.95) on Tuesday. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.95 and a quick ratio of 1.46. Beiersdorf has a 1-year low of €80.60 ($93.72) and a 1-year high of €103.25 ($120.06). The company has a market cap of $23.20 billion and a PE ratio of 31.87.
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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