Henkel AG & Co KGaA (FRA:HEN3) received a €80.00 ($94.12) price objective from stock analysts at Goldman Sachs Group in a research note issued on Tuesday, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the stock. Goldman Sachs Group’s price objective suggests a potential downside of 8.00% from the stock’s previous close.
HEN3 has been the subject of a number of other reports. UBS Group set a €75.00 ($88.24) price objective on Henkel AG & Co KGaA and gave the stock a “sell” rating in a research report on Thursday, August 6th. Warburg Research set a €79.00 ($92.94) target price on Henkel AG & Co KGaA and gave the stock a “neutral” rating in a research note on Thursday, August 6th. DZ Bank reaffirmed a “neutral” rating on shares of Henkel AG & Co KGaA in a research note on Friday, August 7th. Morgan Stanley reaffirmed a “sell” rating on shares of Henkel AG & Co KGaA in a research note on Wednesday, July 8th. Finally, Berenberg Bank set a €85.00 ($100.00) target price on Henkel AG & Co KGaA and gave the stock a “neutral” rating in a research note on Monday, August 10th. Six equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and one has assigned a buy rating to the stock. Henkel AG & Co KGaA currently has a consensus rating of “Hold” and an average price target of €82.63 ($97.21).
Shares of HEN3 traded down €2.54 ($2.99) during mid-day trading on Tuesday, reaching €86.96 ($102.31). 483,214 shares of the company were exchanged. Henkel AG & Co KGaA has a 52 week low of €103.00 ($121.18) and a 52 week high of €129.65 ($152.53). The business has a 50 day simple moving average of €86.76 and a two-hundred day simple moving average of €81.24.
About Henkel AG & Co KGaA
Henkel AG & Co KGaA, together with its subsidiaries, engages in adhesive technologies, beauty care, and laundry and home care businesses worldwide. The company's Adhesive Technologies segment offers adhesives, sealants, and functional coatings for various business areas, including packaging and consumer goods adhesives; transport and metal; general industry; electronics; and consumers, craftsmen, and building.
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