Henkel AG & Co. (OTCMKTS:HENKY) Stock Rating Raised to Hold at The Goldman Sachs Group

The Goldman Sachs Group upgraded shares of Henkel AG & Co. (OTCMKTS:HENKY) from a strong sell rating to a hold rating in a research note published on Tuesday morning,Zacks reports.

Separately, Zacks Research upgraded shares of Henkel AG & Co. from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 12th. Three equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Henkel AG & Co. Stock Up 2.1%

HENKY stock opened at $18.88 on Tuesday. The firm has a fifty day moving average price of $20.07 and a 200 day moving average price of $19.12. Henkel AG & Co. has a fifty-two week low of $16.83 and a fifty-two week high of $22.82. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.20 and a quick ratio of 0.93.

Henkel AG & Co. Company Profile

Henkel AG & Co KGaA is a Germany-based consumer and industrial products company headquartered in Düsseldorf. Founded in 1876, the company operates internationally and serves customers in manufacturing, retail and professional markets.

Henkel’s Adhesive Technologies business develops adhesives, sealants and functional coatings for industries including automotive, electronics, packaging, construction and general manufacturing. Its product portfolio includes well-known brands such as Loctite, Technomelt and Bonderite, as well as solutions for industrial assembly, maintenance and surface treatment.

Through its Consumer Brands business, Henkel offers laundry and home-care products, hair-care products and other beauty-care solutions.