Zacks Investment Research cut shares of HENKEL AG&CO. KGAA (OTCMKTS:HENKY) from a buy rating to a hold rating in a research report sent to investors on Tuesday.
According to Zacks, “HENKEL KGAA ADR’s principal activities are divided into four product divisions: Henkel technologies-industrial adhesives, contact adhesives and sealant; Cosmetics/toiletries-hair cosmetics, toiletries, oral and skin care, hair salon products; Detergents/household cleaners-heavy duty and specialty detergents, fabric softeners, household cleansers, kitchen care products, shoe care products, plant care products; Adhesives-adhesives, contact adhesives and sealant for consumer and craftsman. “
Separately, Goldman Sachs upgraded shares of HENKEL AG&CO. KGAA from a sell rating to a neutral rating in a research report on Thursday, January 4th.
HENKEL AG&CO. KGAA (OTCMKTS:HENKY) last posted its earnings results on Thursday, February 22nd. The company reported $1.59 earnings per share for the quarter. The business had revenue of $5.75 billion for the quarter, compared to analyst estimates of $5.65 billion. HENKEL AG&CO. KGAA had a net margin of 12.60% and a return on equity of 16.74%. analysts expect that HENKEL AG&CO. KGAA will post 7.68 earnings per share for the current year.
About HENKEL AG&CO. KGAA
Henkel AG & Co KGaA engages in the manufacture and distribution of home and beauty care products and provides adhesive solutions. It operates through the following segments: Adhesives for Consumers, Craftsmen and Building; Industrial Adhesives; Beauty Care, and Laundry and Home Care. The Adhesives for Consumers, Craftsmen and Building segment offers products for private users, craftsmen, and construction industry based on international brand platforms, namely Loctite, Pritt, Pattex, and Ceresit.
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