Zacks Investment Research Upgrades Henkel AG & Co. (HENKY) to “Buy”
Henkel AG & Co. (OTCMKTS:HENKY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report issued on Friday. The firm presently has a $135.00 price target on the stock. Zacks Investment Research‘s price objective suggests a potential upside of 11.80% from the stock’s current price.
According to Zacks, “HENKEL KGAA ADR’s principal activities are divided into four product divisions: Henkel technologies-industrial adhesives, contact adhesives and sealant; Cosmetics/toiletries-hair cosmetics, toiletries, oral and skin care, hair salon products; Detergents/household cleaners-heavy duty and specialty detergents, fabric softeners, household cleansers, kitchen care products, shoe care products, plant care products; Adhesives-adhesives, contact adhesives and sealant for consumer and craftsman. “
HENKY has been the topic of several other research reports. Raymond James Financial, Inc. lowered Henkel AG & Co. from an “outperform” rating to a “market perform” rating in a report on Tuesday, September 26th. Jefferies Group LLC reissued a “buy” rating on shares of Henkel AG & Co. in a report on Tuesday, July 25th.
Henkel AG & Co. (OTCMKTS HENKY) opened at $120.75 on Friday. The company has a current ratio of 1.29, a quick ratio of 1.03 and a debt-to-equity ratio of 0.24. The firm has a market capitalization of $31,230.00, a price-to-earnings ratio of 19.81, a P/E/G ratio of 2.28 and a beta of 1.06. Henkel AG & Co. has a twelve month low of $97.65 and a twelve month high of $128.27.
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About Henkel AG & Co.
Henkel AG & Co KGaA, together with its subsidiaries, engages in laundry and home care, beauty care, and adhesive technology businesses worldwide. The companys Laundry and Home Care segment offers heavy-duty and specialty detergents, fabric softeners, laundry performance enhancers, and laundry care products; hand and automatic dishwashing products; cleaners for bathroom and WC applications; household, glass, and specialty cleaners; and air fresheners and insecticides for household applications.
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