Berenberg Bank set a €100.00 ($116.28) price objective on Henkel AG & Co KGaA (FRA:HEN3) in a research note issued to investors on Friday morning. The firm currently has a neutral rating on the stock.
Several other research analysts have also issued reports on the company. Royal Bank of Canada set a €86.00 ($100.00) target price on Henkel AG & Co KGaA and gave the company a neutral rating in a research report on Friday. Goldman Sachs Group set a €98.00 ($113.95) price target on Henkel AG & Co KGaA and gave the company a neutral rating in a report on Friday. Nord/LB set a €92.00 ($106.98) price target on Henkel AG & Co KGaA and gave the company a neutral rating in a report on Thursday. Kepler Capital Markets set a €88.00 ($102.33) price target on Henkel AG & Co KGaA and gave the company a neutral rating in a report on Thursday. Finally, Baader Bank set a €94.00 ($109.30) price target on Henkel AG & Co KGaA and gave the company a neutral rating in a report on Thursday. Four investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and four have issued a buy rating to the company. The company has an average rating of Hold and an average target price of €97.95 ($113.90).
Shares of FRA:HEN3 traded down €0.26 ($0.30) during trading hours on Friday, hitting €89.14 ($103.65). 592,186 shares of the company’s stock traded hands. Henkel AG & Co KGaA has a 1 year low of €103.00 ($119.77) and a 1 year high of €129.65 ($150.76).
Henkel AG & Co KGaA, together with its subsidiaries, engages in adhesive technologies, beauty care, and laundry and home care businesses worldwide. The company's Adhesive Technologies segment offers adhesives, sealants, and functional coatings for various business areas, including packaging and consumer goods; transport and metal; general industry; electronics; and consumers, craftsmen, and building.
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