Henkel AG & Co. (HENKY) Rating Lowered to Sell at Zacks Investment Research
Zacks Investment Research downgraded shares of Henkel AG & Co. (OTCMKTS:HENKY) from a hold rating to a sell rating in a research report sent to investors on Wednesday morning.
According to Zacks, “HENKEL KGAA ADR’s principal activities are divided into four product divisions: Henkel technologies-industrial adhesives, contact adhesives and sealant; Cosmetics/toiletries-hair cosmetics, toiletries, oral and skin care, hair salon products; Detergents/household cleaners-heavy duty and specialty detergents, fabric softeners, household cleansers, kitchen care products, shoe care products, plant care products; Adhesives-adhesives, contact adhesives and sealant for consumer and craftsman. “
A number of other analysts have also issued reports on HENKY. Raymond James Financial, Inc. lowered Henkel AG & Co. from an outperform rating to a market perform rating in a report on Tuesday, September 26th. Jefferies Group LLC reaffirmed a buy rating on shares of Henkel AG & Co. in a report on Tuesday, July 25th.
Henkel AG & Co. (OTCMKTS:HENKY) opened at 121.89 on Wednesday. Henkel AG & Co. has a 1-year low of $97.65 and a 1-year high of $127.13. The stock has a market capitalization of $52.93 billion, a PE ratio of 20.13 and a beta of 1.06. The stock’s 50 day moving average price is $122.21 and its 200 day moving average price is $119.26.
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About Henkel AG & Co.
Henkel AG & Co KGaA, together with its subsidiaries, engages in laundry and home care, beauty care, and adhesive technology businesses worldwide. The companys Laundry and Home Care segment offers heavy-duty and specialty detergents, fabric softeners, laundry performance enhancers, and laundry care products; hand and automatic dishwashing products; cleaners for bathroom and WC applications; household, glass, and specialty cleaners; and air fresheners and insecticides for household applications.
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