Beiersdorf (ETR:BEI) has been assigned a €94.00 ($111.90) price target by stock analysts at Royal Bank of Canada in a report released on Wednesday. The brokerage presently has a “neutral” rating on the stock. Royal Bank of Canada’s target price would suggest a potential downside of 4.14% from the stock’s previous close.
A number of other equities research analysts have also recently commented on BEI. JPMorgan Chase & Co. restated a “sell” rating on shares of Beiersdorf in a research note on Thursday, September 7th. Berenberg Bank set a €80.00 ($95.24) target price on shares of Beiersdorf and gave the stock a “sell” rating in a research note on Thursday, September 28th. UBS Group set a €92.00 ($109.52) target price on shares of Beiersdorf and gave the stock a “neutral” rating in a research note on Monday, October 2nd. Jefferies Group set a €95.00 ($113.10) target price on shares of Beiersdorf and gave the stock a “neutral” rating in a research note on Tuesday, October 10th. Finally, Morgan Stanley set a €110.00 ($130.95) target price on shares of Beiersdorf and gave the stock a “buy” rating in a research note on Wednesday, October 11th. Five equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of €94.45 ($112.45).
Shares of Beiersdorf (ETR:BEI) opened at €98.06 ($116.74) on Wednesday. Beiersdorf has a one year low of €79.18 ($94.26) and a one year high of €102.00 ($121.43). The company has a market cap of $24,710.00 and a P/E ratio of 30.36.
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.
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