Beiersdorf (ETR:BEI) Given a €93.00 Price Target at Jefferies Financial Group
Jefferies Financial Group set a €93.00 ($104.49) price objective on Beiersdorf (ETR:BEI) in a research note issued to investors on Friday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Several other research firms also recently commented on BEI. Barclays set a €116.00 ($130.34) price objective on Beiersdorf and gave the company a buy rating in a research note on Friday, June 19th. Credit Suisse Group set a €85.00 ($95.51) price objective on Beiersdorf and gave the company a sell rating in a research note on Tuesday, May 5th. Goldman Sachs Group set a €83.00 ($93.26) price objective on Beiersdorf and gave the company a sell rating in a research note on Tuesday, June 16th. Kepler Capital Markets set a €95.00 ($106.74) price objective on Beiersdorf and gave the company a neutral rating in a research note on Friday, April 3rd. Finally, Berenberg Bank set a €85.00 ($95.51) price objective on Beiersdorf and gave the company a sell rating in a research note on Wednesday, March 25th. Six research analysts have rated the stock with a sell rating, nine have given a hold rating and four have issued a buy rating to the stock. Beiersdorf currently has a consensus rating of Hold and an average target price of €97.33 ($109.36).
Shares of BEI stock opened at €101.40 ($113.93) on Friday. The company has a debt-to-equity ratio of 7.52, a current ratio of 1.67 and a quick ratio of 1.26. The company has a market cap of $23.00 billion and a price-to-earnings ratio of 32.03. The stock has a 50 day simple moving average of €96.42 and a 200-day simple moving average of €98.84. Beiersdorf has a 1-year low of €77.62 ($87.21) and a 1-year high of €117.25 ($131.74).
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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