Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFF) Shares Up 2.8% – Should You Buy?

Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFF)’s stock price rose 2.8% during mid-day trading on Friday . The company traded as high as $89.92 and last traded at $89.92. 119 shares changed hands during trading, a decline of 98% from the average session volume of 4,940 shares. The stock had previously closed at $87.4450.

Analyst Upgrades and Downgrades

Several research firms recently commented on BDRFF. UBS Group upgraded Beiersdorf Aktiengesellschaft from a “sell” rating to a “neutral” rating in a report on Tuesday, March 31st. Berenberg Bank restated a “hold” rating on shares of Beiersdorf Aktiengesellschaft in a research note on Monday, March 23rd. Morgan Stanley downgraded shares of Beiersdorf Aktiengesellschaft from an “equal weight” rating to an “underweight” rating in a report on Monday, March 16th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Beiersdorf Aktiengesellschaft in a research note on Wednesday, March 18th. Four investment analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Beiersdorf Aktiengesellschaft presently has a consensus rating of “Reduce”.

Beiersdorf Aktiengesellschaft Trading Up 2.8%

The business has a 50-day moving average of $83.36 and a 200 day moving average of $95.53.

Beiersdorf Aktiengesellschaft Company Profile

Beiersdorf Aktiengesellschaft is a global consumer goods company headquartered in Hamburg, Germany, with a history dating back to its founding in 1882 by pharmacist Paul C. Beiersdorf. The company is best known for its skincare brands, including NIVEA, Eucerin, La Prairie and Labello, as well as its tesa division, which produces self-adhesive products and industrial tapes. Over its long history, Beiersdorf has built a reputation for innovation in dermatological research and product development, introducing pioneering formulations that span mass-market and premium segments.

The company’s operations are organized into two main business divisions.