Beiersdorf Aktiengesellschaft’s (BDRFY) Sell Rating Reaffirmed at Berenberg Bank
Berenberg Bank reiterated their sell rating on shares of Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) in a research note issued to investors on Friday, The Fly reports.
BDRFY has been the topic of a number of other reports. Jefferies Financial Group upgraded shares of Beiersdorf Aktiengesellschaft from an underperform rating to a hold rating in a research note on Wednesday, March 18th. Credit Suisse Group reissued an underperform rating on shares of Beiersdorf Aktiengesellschaft in a research report on Wednesday, May 6th. UBS Group restated a sell rating on shares of Beiersdorf Aktiengesellschaft in a report on Wednesday, May 6th. Morgan Stanley reiterated an underweight rating on shares of Beiersdorf Aktiengesellschaft in a research note on Thursday, May 7th. Finally, Barclays restated an overweight rating on shares of Beiersdorf Aktiengesellschaft in a research note on Friday, June 19th. Four investment analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company. Beiersdorf Aktiengesellschaft has a consensus rating of Hold.
Shares of OTCMKTS BDRFY opened at $22.14 on Friday. The stock’s 50-day moving average is $22.14 and its two-hundred day moving average is $21.75. Beiersdorf Aktiengesellschaft has a 1-year low of $17.51 and a 1-year high of $25.73.
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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