Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) Shares Gap Up – What’s Next?

Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY)’s share price gapped up before the market opened on Tuesday . The stock had previously closed at $17.40, but opened at $18.09. Beiersdorf Aktiengesellschaft shares last traded at $17.96, with a volume of 6,114 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded shares of Beiersdorf Aktiengesellschaft to a “hold” rating in a report on Thursday, April 30th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Beiersdorf Aktiengesellschaft currently has an average rating of “Hold”.

Beiersdorf Aktiengesellschaft Stock Up 3.5%

The business has a 50-day simple moving average of $16.65 and a 200-day simple moving average of $19.55. The stock has a market cap of $19.54 billion and a P/E ratio of 35.77.

About Beiersdorf Aktiengesellschaft

Beiersdorf Aktiengesellschaft, trading in the United States under the symbol BDRFY, is a German consumer goods company specializing in skin care and adhesive technologies. Founded in Hamburg in 1882, Beiersdorf has grown into a global player in personal care, developing and marketing products designed to maintain and restore skin health. The company’s core business segments encompass consumer skin care, medical skin care, and tesa adhesive technologies, serving both retail and professional customers.

In its consumer skin care division, Beiersdorf is best known for its flagship NIVEA brand, one of the world’s leading skin care names.