Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFF) Stock Price Up 2.4% – Time to Buy?

Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFF) shares rose 2.4% during trading on Friday. The stock traded as high as $92.1950 and last traded at $92.1950. Approximately 706 shares traded hands during trading, a decline of 82% from the average daily volume of 3,914 shares. The stock had previously closed at $90.03.

Analysts Set New Price Targets

Separately, Barclays cut Beiersdorf Aktiengesellschaft from an “equal weight” rating to an “underweight” rating in a research report on Thursday, August 6th. Three equities research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Reduce”.

Beiersdorf Aktiengesellschaft Price Performance

The business’s 50-day moving average is $90.33 and its two-hundred day moving average is $87.54.

About Beiersdorf Aktiengesellschaft

Beiersdorf Aktiengesellschaft is a German consumer goods company headquartered in Hamburg. Founded in 1882 by pharmacist Paul C. Beiersdorf, the company develops, manufactures and markets skin care, personal care and wound-care products for consumers and professional customers worldwide.

Its best-known brand is NIVEA, which offers facial care, body care, sun protection, deodorants and other personal care products. Beiersdorf also markets dermatological and medical skin-care products under brands including Eucerin, Aquaphor and Elastoplast, as well as premium skin-care products through La Prairie.