Beiersdorf AG (ETR:BEI) received a €93.00 ($108.14) price target from Goldman Sachs Group, Inc. (The) in a report issued on Tuesday, October 17th. The brokerage currently has a “neutral” rating on the stock. Goldman Sachs Group, Inc. (The)’s price objective would suggest a potential downside of 4.62% from the company’s current price.
A number of other equities research analysts also recently commented on BEI. J P Morgan Chase & Co set a €80.00 ($93.02) target price on Beiersdorf AG and gave the company a “sell” rating in a research report on Tuesday, June 20th. Nord/LB set a €89.00 ($103.49) target price on Beiersdorf AG and gave the company a “neutral” rating in a research report on Thursday, June 29th. Morgan Stanley set a €110.00 ($127.91) target price on Beiersdorf AG and gave the company a “buy” rating in a research report on Friday, July 7th. Barclays PLC set a €75.00 ($87.21) target price on Beiersdorf AG and gave the company a “sell” rating in a research report on Friday, July 7th. Finally, UBS AG restated a “sell” rating on shares of Beiersdorf AG in a research report on Monday, July 17th. Five research analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have given a buy rating to the stock. Beiersdorf AG presently has a consensus rating of “Hold” and an average price target of €94.23 ($109.57).
Shares of Beiersdorf AG (ETR BEI) traded down €0.38 ($0.44) during midday trading on Tuesday, hitting €97.50 ($113.37). 188,904 shares of the stock were exchanged, compared to its average volume of 419,361. Beiersdorf AG has a 1 year low of €75.11 ($87.34) and a 1 year high of €98.53 ($114.57).
About Beiersdorf AG
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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