Beiersdorf AG (BEI) Given Consensus Recommendation of “Hold” by Brokerages

Beiersdorf AG (ETR:BEI) has received an average rating of “Hold” from the twenty-three ratings firms that are presently covering the company, MarketBeat.com reports. Five investment analysts have rated the stock with a sell recommendation, twelve have assigned a hold recommendation and six have issued a buy recommendation on the company. The average 12-month price objective among brokerages that have covered the stock in the last year is €94.48 ($112.47).

Several research analysts recently commented on the stock. Deutsche Bank set a €95.00 ($113.10) price target on shares of Beiersdorf and gave the stock a “neutral” rating in a research note on Monday, October 23rd. Morgan Stanley set a €110.00 ($130.95) price target on shares of Beiersdorf and gave the stock a “buy” rating in a research note on Wednesday, October 11th. Macquarie set a €104.00 ($123.81) price target on shares of Beiersdorf and gave the stock a “buy” rating in a research note on Monday, October 16th. Jefferies Group set a €95.00 ($113.10) price target on shares of Beiersdorf and gave the stock a “neutral” rating in a research note on Tuesday, October 10th. Finally, Credit Suisse Group set a €104.00 ($123.81) price target on shares of Beiersdorf and gave the stock a “buy” rating in a research note on Thursday, October 19th.

Beiersdorf (ETR:BEI) opened at €98.41 ($117.15) on Monday. The firm has a market cap of $24,800.00 and a P/E ratio of 30.47. Beiersdorf has a twelve month low of €79.18 ($94.26) and a twelve month high of €102.00 ($121.43).

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Beiersdorf Company Profile

Beiersdorf Aktiengesellschaft manufactures and distributes consumer goods in Europe, the Americas, Africa, Asia, and Australia. It operates in two segments, Consumer Business and tesa Business. The Consumer Business segment offers skin and body care products. The tesa Business segment manufactures and sells self-adhesive products and system solutions for industries, craft businesses, and consumers.

Analyst Recommendations for Beiersdorf (ETR:BEI)

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