Shares of Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFF – Get Free Report) shot up 0.7% on Wednesday . The stock traded as high as $81.0750 and last traded at $81.0750. 1,824 shares changed hands during mid-day trading, a decline of 65% from the average session volume of 5,226 shares. The stock had previously closed at $80.54.
Wall Street Analysts Forecast Growth
BDRFF has been the topic of several analyst reports. Royal Bank Of Canada lowered Beiersdorf Aktiengesellschaft from a “sector perform” rating to an “underperform” rating in a research note on Tuesday, March 10th. UBS Group upgraded Beiersdorf Aktiengesellschaft from a “sell” rating to a “neutral” rating in a research note on Tuesday, March 31st. Morgan Stanley lowered Beiersdorf Aktiengesellschaft from an “equal weight” rating to an “underweight” rating in a research note on Monday, March 16th. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Beiersdorf Aktiengesellschaft in a research note on Wednesday, March 18th. Finally, Berenberg Bank reiterated a “hold” rating on shares of Beiersdorf Aktiengesellschaft in a research note on Monday, March 23rd. Four investment analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Beiersdorf Aktiengesellschaft presently has a consensus rating of “Reduce”.
View Our Latest Analysis on BDRFF
Beiersdorf Aktiengesellschaft Trading Up 0.7%
About Beiersdorf Aktiengesellschaft
Beiersdorf Aktiengesellschaft is a global consumer goods company headquartered in Hamburg, Germany, with a history dating back to its founding in 1882 by pharmacist Paul C. Beiersdorf. The company is best known for its skincare brands, including NIVEA, Eucerin, La Prairie and Labello, as well as its tesa division, which produces self-adhesive products and industrial tapes. Over its long history, Beiersdorf has built a reputation for innovation in dermatological research and product development, introducing pioneering formulations that span mass-market and premium segments.
The company’s operations are organized into two main business divisions.
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