Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFF – Get Free Report)’s stock price shot up 0.7% on Wednesday . The stock traded as high as $81.0750 and last traded at $81.0750. 1,824 shares changed hands during trading, a decline of 65% from the average session volume of 5,226 shares. The stock had previously closed at $80.54.
Wall Street Analysts Forecast Growth
Several research firms have recently weighed in on BDRFF. Royal Bank Of Canada downgraded Beiersdorf Aktiengesellschaft from a “sector perform” rating to an “underperform” rating in a research report on Tuesday, March 10th. Morgan Stanley downgraded Beiersdorf Aktiengesellschaft from an “equal weight” rating to an “underweight” rating in a research report on Monday, March 16th. UBS Group upgraded Beiersdorf Aktiengesellschaft from a “sell” rating to a “neutral” rating in a research report on Tuesday, March 31st. Berenberg Bank reiterated a “hold” rating on shares of Beiersdorf Aktiengesellschaft in a research report on Monday, March 23rd. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Beiersdorf Aktiengesellschaft in a research report on Wednesday, March 18th. Four analysts have rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce”.
Read Our Latest Report on BDRFF
Beiersdorf Aktiengesellschaft Stock Up 0.7%
Beiersdorf Aktiengesellschaft Company Profile
Beiersdorf Aktiengesellschaft is a global consumer goods company headquartered in Hamburg, Germany, with a history dating back to its founding in 1882 by pharmacist Paul C. Beiersdorf. The company is best known for its skincare brands, including NIVEA, Eucerin, La Prairie and Labello, as well as its tesa division, which produces self-adhesive products and industrial tapes. Over its long history, Beiersdorf has built a reputation for innovation in dermatological research and product development, introducing pioneering formulations that span mass-market and premium segments.
The company’s operations are organized into two main business divisions.
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