Beiersdorf (ETR:BEI) has been assigned a €106.00 ($123.26) price objective by Warburg Research in a research note issued to investors on Thursday, Borsen Zeitung reports. The brokerage currently has a “neutral” rating on the stock. Warburg Research’s price target would suggest a potential upside of 0.57% from the company’s previous close.
A number of other brokerages have also recently issued reports on BEI. Royal Bank of Canada set a €108.00 ($125.58) price objective on Beiersdorf and gave the stock a “neutral” rating in a report on Tuesday, October 29th. DZ Bank restated a “buy” rating on shares of Beiersdorf in a report on Tuesday, October 29th. Goldman Sachs Group set a €97.00 ($112.79) price objective on Beiersdorf and gave the stock a “sell” rating in a report on Thursday, January 9th. UBS Group set a €96.00 ($111.63) price objective on Beiersdorf and gave the stock a “sell” rating in a report on Thursday. Finally, Berenberg Bank set a €97.00 ($112.79) price objective on Beiersdorf and gave the stock a “sell” rating in a report on Tuesday, October 29th. Seven investment analysts have rated the stock with a sell rating, eight have issued a hold rating and five have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of €103.53 ($120.38).
Shares of ETR:BEI opened at €105.40 ($122.56) on Thursday. Beiersdorf has a 12-month low of €80.60 ($93.72) and a 12-month high of €117.25 ($136.34). The stock has a market cap of $24.27 billion and a PE ratio of 32.35. The business has a 50 day moving average of €105.60 and a 200-day moving average of €106.72. The company has a quick ratio of 1.56, a current ratio of 2.03 and a debt-to-equity ratio of 3.07.
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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