Beiersdorf (ETR:BEI) received a €114.00 ($132.56) price target from equities researchers at Royal Bank of Canada in a research report issued on Friday, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the stock. Royal Bank of Canada’s price objective suggests a potential upside of 7.50% from the stock’s previous close.
Several other research analysts also recently issued reports on the stock. Credit Suisse Group reissued a “hold” rating on shares of FactSet Research Systems in a research report on Monday, July 8th. Deutsche Bank reissued a “buy” rating and set a GBX 3,400 ($44.43) price objective on shares of in a research report on Tuesday, July 9th. UBS Group downgraded shares of Telstra from a “buy” rating to a “neutral” rating in a research report on Monday, July 1st. Kepler Capital Markets reaffirmed a “buy” rating and issued a $134.00 target price on shares of Airbus in a report on Tuesday, April 30th. Finally, HSBC set a $46.00 target price on shares of Aqua America and gave the company a “buy” rating in a report on Friday, June 28th. Four investment analysts have rated the stock with a sell rating, fifteen have given a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of €96.76 ($112.51).
Shares of Beiersdorf stock opened at €106.05 ($123.31) on Friday. Beiersdorf has a 1 year low of €80.60 ($93.72) and a 1 year high of €109.35 ($127.15). The company has a debt-to-equity ratio of 0.32, a current ratio of 1.95 and a quick ratio of 1.46. The stock has a market cap of $24.05 billion and a P/E ratio of 33.04. The stock’s fifty day simple moving average is €105.67.
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.
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