Beiersdorf (ETR:BEI) received a €91.00 ($105.81) price objective from stock analysts at Sanford C. Bernstein in a report released on Monday, Borsen Zeitung reports. The firm currently has a “sell” rating on the stock. Sanford C. Bernstein’s target price points to a potential downside of 9.09% from the stock’s current price.
Several other analysts have also issued reports on the company. DZ Bank reaffirmed a “neutral” rating on shares of Beiersdorf in a research note on Wednesday, May 15th. UBS Group set a €86.00 ($100.00) target price on Beiersdorf and gave the stock a “sell” rating in a research note on Tuesday, May 14th. Deutsche Bank set a €95.00 ($110.47) target price on Beiersdorf and gave the stock a “neutral” rating in a research note on Tuesday, May 14th. Warburg Research set a €106.00 ($123.26) target price on Beiersdorf and gave the stock a “neutral” rating in a research note on Tuesday, May 14th. Finally, Goldman Sachs Group set a €97.00 ($112.79) target price on Beiersdorf and gave the stock a “neutral” rating in a research note on Tuesday, May 14th. Four research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and three have issued a buy rating to the stock. Beiersdorf has an average rating of “Hold” and a consensus price target of €93.57 ($108.80).
Shares of BEI opened at €100.10 ($116.40) on Monday. The company has a market capitalization of $22.70 billion and a price-to-earnings ratio of 31.18. The company has a quick ratio of 1.46, a current ratio of 1.95 and a debt-to-equity ratio of 0.32. Beiersdorf has a 1 year low of €80.60 ($93.72) and a 1 year high of €103.25 ($120.06).
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 system and product solutions for industries, craft businesses, and consumers.
Featured Story: The benefits and drawbacks of dollar cost averaging
Receive News & Ratings for Beiersdorf Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Beiersdorf and related companies with MarketBeat.com's FREE daily email newsletter.