UBS Group set a €86.00 ($100.00) price objective on Beiersdorf (ETR:BEI) in a research note issued to investors on Tuesday, Borsen Zeitung reports. The brokerage currently has a sell rating on the stock.
A number of other research firms also recently weighed in on BEI. Deutsche Bank set a €95.00 ($110.47) target price on shares of Beiersdorf and gave the company a neutral rating in a research report on Tuesday. Warburg Research set a €106.00 ($123.26) price target on shares of Beiersdorf and gave the company a neutral rating in a research note on Tuesday. Sanford C. Bernstein set a €91.00 ($105.81) price target on shares of Beiersdorf and gave the company a sell rating in a research note on Tuesday. JPMorgan Chase & Co. set a €85.00 ($98.84) price target on shares of Beiersdorf and gave the company a neutral rating in a research note on Tuesday. Finally, Goldman Sachs Group set a €97.00 ($112.79) price target on shares of Beiersdorf and gave the company a neutral rating in a research note on Tuesday. Four research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and three have issued a buy rating to the stock. The company currently has an average rating of Hold and a consensus price target of €93.57 ($108.80).
Beiersdorf stock opened at €99.52 ($115.72) on Tuesday. The firm has a market capitalization of $22.58 billion and a P/E ratio of 31.00. Beiersdorf has a 1-year low of €80.60 ($93.72) and a 1-year high of €103.25 ($120.06). 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 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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