Deutsche Bank Reiterates €104.00 Price Target for Beiersdorf (ETR:BEI)

Deutsche Bank set a €104.00 ($120.93) price target on Beiersdorf (ETR:BEI) in a research report released on Tuesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

BEI has been the topic of several other research reports. UBS Group downgraded Telstra from a buy rating to a neutral rating in a research report on Monday, July 1st. Credit Suisse Group reaffirmed a hold rating on shares of FactSet Research Systems in a research report on Monday. Royal Bank of Canada cut their price objective on from GBX 3,000 ($39.20) to GBX 2,900 ($37.89) and set an outperform rating on the stock in a research report on Thursday, June 6th. Warburg Research set a €60.00 ($69.77) price objective on Indus and gave the company a buy rating in a research report on Tuesday, May 14th. Finally, HSBC set a $46.00 price objective on Aqua America and gave the company a buy rating in a research report on Friday, June 28th. Four investment analysts have rated the stock with a sell rating, fifteen have given a hold rating and three have issued a buy rating to the company. The stock currently has a consensus rating of Hold and an average target price of €96.33 ($112.02).

Shares of Beiersdorf stock opened at €105.90 ($123.14) on Tuesday. The firm has a fifty day simple moving average of €105.59. The company has a market cap of $24.02 billion and a P/E ratio of 32.99. The company has a quick ratio of 1.46, a current ratio of 1.95 and a debt-to-equity ratio of 0.32. Beiersdorf has a 52 week low of €80.60 ($93.72) and a 52 week high of €109.35 ($127.15).

Beiersdorf Company Profile

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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Analyst Recommendations for Beiersdorf (ETR:BEI)

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