Research Analysts Offer Predictions for HENKEL AG&CO. KGAA’s FY2017 Earnings (HENKY)
HENKEL AG&CO. KGAA (OTCMKTS:HENKY) – Research analysts at Jefferies Group raised their FY2017 earnings per share (EPS) estimates for shares of HENKEL AG&CO. KGAA in a research report issued on Wednesday. Jefferies Group analyst M. Deboo now forecasts that the company will post earnings of $7.04 per share for the year, up from their previous forecast of $6.87. Jefferies Group also issued estimates for HENKEL AG&CO. KGAA’s FY2018 earnings at $7.58 EPS.
Several other research analysts also recently issued reports on the stock. Zacks Investment Research raised shares of HENKEL AG&CO. KGAA from a “sell” rating to a “hold” rating in a research report on Friday. Goldman Sachs Group raised shares of HENKEL AG&CO. KGAA from a “sell” rating to a “neutral” rating in a research report on Thursday, January 4th. Finally, Raymond James Financial downgraded shares of HENKEL AG&CO. KGAA from an “outperform” rating to a “mkt perform” rating in a research report on Tuesday, September 26th. One research analyst has rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $135.00.
HENKEL AG&CO. KGAA Company Profile
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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