Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) Receives Average Rating of “Hold” from Analysts

Shares of Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) have earned a consensus recommendation of “Hold” from the thirteen brokerages that are currently covering the company, Marketbeat reports. Five investment analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation and one has given a buy recommendation to the company.

BDRFY has been the topic of several research analyst reports. The Goldman Sachs Group raised Beiersdorf Aktiengesellschaft from a “sell” rating to a “neutral” rating in a research report on Monday, February 22nd. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Beiersdorf Aktiengesellschaft in a research report on Tuesday, January 19th. Bryan, Garnier & Co cut shares of Beiersdorf Aktiengesellschaft from a “neutral” rating to a “sell” rating in a research report on Wednesday, February 17th. Barclays reissued an “overweight” rating on shares of Beiersdorf Aktiengesellschaft in a research report on Wednesday, March 31st. Finally, Berenberg Bank restated a “hold” rating on shares of Beiersdorf Aktiengesellschaft in a report on Friday, February 19th.

Beiersdorf Aktiengesellschaft stock traded up $0.59 during mid-day trading on Friday, hitting $21.71. 38,298 shares of the company’s stock were exchanged, compared to its average volume of 331,849. Beiersdorf Aktiengesellschaft has a 1-year low of $19.21 and a 1-year high of $24.54. The stock has a 50 day moving average of $20.77 and a two-hundred day moving average of $22.20.

Beiersdorf Aktiengesellschaft Company Profile

Beiersdorf AG is engaged in the development, manufacture, and distribution of skin and personal care products. The company operates through the following segments: Consumer and Tesa. The Consumer segment concentrates on the international skin and body care markets. The Tesa segment manufactures self-adhesive products and solutions for industry, craft businesses, and consumers.

Further Reading: Are sell-side analysts objective?

Analyst Recommendations for Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY)

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