Beiersdorf AG (BEI) Given a €86.00 Price Target at Baader Bank
Beiersdorf AG (ETR:BEI) received a €86.00 ($95.56) price target from analysts at Baader Bank in a report issued on Wednesday. The firm currently has a a “neutral” rating on the stock.
Several other research firms have also issued reports on BEI. Goldman Sachs Group Inc. set a €84.00 ($93.33) target price on shares of Beiersdorf AG and gave the company a “neutral” rating in a report on Friday, August 5th. JPMorgan Chase & Co. reissued a “sell” rating on shares of Beiersdorf AG in a research report on Thursday, September 22nd. Macquarie set a €89.00 ($98.89) price target on shares of Beiersdorf AG and gave the company a “buy” rating in a research report on Thursday, June 30th. Bank of America Corp. set a €100.00 ($111.11) price target on shares of Beiersdorf AG and gave the company a “buy” rating in a research report on Tuesday, September 6th. Finally, Kepler Capital Markets set a €91.00 ($101.11) price target on shares of Beiersdorf AG and gave the company a “buy” rating in a research report on Friday, August 5th. Five analysts have rated the stock with a sell rating, ten have given a hold rating and eleven have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of €87.12 ($96.80).
Shares of Beiersdorf AG (ETR:BEI) opened at 81.709 on Wednesday. The company has a market capitalization of €18.53 billion and a price-to-earnings ratio of 27.373. Beiersdorf AG has a 12 month low of €74.16 and a 12 month high of €90.00. The company has a 50-day moving average price of €83.17 and a 200-day moving average price of €81.61.
About Beiersdorf AG
Beiersdorf AG is a Germany-based company engaged in the production of personal products with focus on cosmetic products manufacture. The Company operates through the two business segments Consumer as well as tesa. The Consumer business segment provides skin and beauty care products and comprises operation of portfolio brands such as NIVEA, Eucerin, Labello, la prairie, Hansaplast and Florena, among others.
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