JPMorgan Chase & Co. Reiterates “Sell” Rating for Beiersdorf AG (BEI)
Beiersdorf AG (ETR:BEI)‘s stock had its “sell” rating reaffirmed by equities research analysts at JPMorgan Chase & Co. in a research note issued to investors on Tuesday.
Other analysts also recently issued research reports about the stock. Societe Generale set a €95.00 ($102.15) price objective on shares of Beiersdorf AG and gave the stock a “buy” rating in a research report on Friday, August 5th. DZ Bank AG reaffirmed a “buy” rating on shares of Beiersdorf AG in a research report on Thursday, August 4th. Kepler Capital Markets set a €91.00 ($97.85) price objective on shares of Beiersdorf AG and gave the stock a “buy” rating in a research report on Friday, August 5th. Macquarie set a €89.00 ($95.70) price objective on shares of Beiersdorf AG and gave the stock a “buy” rating in a research report on Monday, August 8th. Finally, Deutsche Bank AG set a €100.00 ($107.53) price objective on shares of Beiersdorf AG and gave the stock a “buy” rating in a research report on Thursday, August 25th. Five research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and ten have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of €87.16 ($93.72).
Beiersdorf AG (ETR:BEI) opened at 77.148 on Tuesday. Beiersdorf AG has a one year low of €74.16 and a one year high of €90.00. The company’s 50-day moving average is €81.00 and its 200-day moving average is €81.83. The firm has a market capitalization of €17.50 billion and a P/E ratio of 25.845.
Beiersdorf AG Company Profile
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.
Receive News & Stock Ratings for Beiersdorf AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Beiersdorf AG and related stocks with our FREE daily email newsletter.