Independent Research set a €86.00 ($100.00) price objective on Henkel AG & Co KGaA (FRA:HEN3) in a report released on Thursday, Borsen Zeitung reports. The firm currently has a sell rating on the stock.
A number of other research firms have also recently commented on HEN3. Warburg Research set a €91.00 ($105.81) target price on Henkel AG & Co KGaA and gave the stock a neutral rating in a research note on Thursday. Sanford C. Bernstein set a €96.00 ($111.63) target price on Henkel AG & Co KGaA and gave the stock a neutral rating in a research note on Tuesday, October 1st. HSBC set a €109.00 ($126.74) target price on Henkel AG & Co KGaA and gave the stock a buy rating in a research note on Tuesday, October 22nd. Deutsche Bank set a €90.00 ($104.65) target price on Henkel AG & Co KGaA and gave the stock a neutral rating in a research note on Friday, October 25th. Finally, Bank of America set a €81.00 ($94.19) target price on Henkel AG & Co KGaA and gave the stock a sell rating in a research note on Monday, September 30th. Four investment analysts have rated the stock with a sell rating, fifteen have given a hold rating and two have assigned a buy rating to the stock. The stock presently has an average rating of Hold and a consensus target price of €90.58 ($105.32).
Shares of FRA HEN3 traded down €0.22 ($0.26) during trading on Thursday, reaching €94.78 ($110.21). The company had a trading volume of 519,971 shares. Henkel AG & Co KGaA has a 12-month low of €103.00 ($119.77) and a 12-month high of €129.65 ($150.76). The business’s 50-day moving average is €93.22 and its 200 day moving average is €89.38.
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 adhesives; transport and metal; general industry; electronics; and consumers, craftsmen, and building.
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