Henkel AG & Co. (OTCMKTS:HENKY) Shares Up 0.3% – Still a Buy?

Shares of Henkel AG & Co. (OTCMKTS:HENKY) were up 0.3% during trading on Monday . The company traded as high as $19.3425 and last traded at $19.30. Approximately 152,796 shares changed hands during mid-day trading, an increase of 64% from the average daily volume of 93,174 shares. The stock had previously closed at $19.24.

Analysts Set New Price Targets

HENKY has been the topic of a number of research reports. BNP Paribas upgraded shares of Henkel AG & Co. from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 8th. Royal Bank Of Canada raised shares of Henkel AG & Co. to a “hold” rating in a research note on Wednesday, September 17th. Finally, Zacks Research cut shares of Henkel AG & Co. from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 18th. Two investment analysts have rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Buy”.

Henkel AG & Co. Stock Performance

The firm’s 50 day moving average is $18.86 and its two-hundred day moving average is $18.69.

Henkel AG & Co. Company Profile

Henkel AG & Co KGaA, together with its subsidiaries, engages in the adhesive technologies and beauty care, and laundry and home care businesses worldwide. It operates in two segments, Adhesive Technologies and Consumer Brands segments. The company offers adhesives, sealants, and functional coatings for various business areas, including packaging and consumer goods; mobility and electronics; and craftsmen, construction, and professional industries.