Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY – Get Rating) was downgraded by investment analysts at Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a report released on Friday, The Fly reports.
A number of other brokerages have also weighed in on BDRFY. Berenberg Bank raised their price target on shares of Beiersdorf Aktiengesellschaft from €110.00 ($113.40) to €121.00 ($124.74) in a research note on Tuesday, July 19th. Royal Bank of Canada raised their price target on shares of Beiersdorf Aktiengesellschaft from €76.00 ($78.35) to €81.00 ($83.51) and gave the company an “underperform” rating in a research note on Friday, April 29th. UBS Group increased their price objective on shares of Beiersdorf Aktiengesellschaft from €87.00 ($89.69) to €88.00 ($90.72) and gave the company a “sell” rating in a report on Tuesday, July 12th. Credit Suisse Group increased their price objective on shares of Beiersdorf Aktiengesellschaft from €105.00 ($108.25) to € 107.00 ($110.31) and gave the company an “outperform” rating in a report on Friday, April 29th. Finally, Sanford C. Bernstein upgraded shares of Beiersdorf Aktiengesellschaft from a “market perform” rating to an “outperform” rating i n a report on Friday, July 22nd. Two research analysts have rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, Beiersdorf Aktiengesellschaft presently has a consensus rating of “Hold” and a consensus target price of $97.00.
Beiersdorf Aktiengesellschaft Stock Down 3.0 %
Shares of Beiersdorf Aktiengesellschaft stock opened at $20.72 on Friday. Beiersdorf Aktiengesellschaft has a twelve month low of $17.25 and a twelve month high of $25.22. The firm’s 50-day moving average price is $20.25 and its 200 day moving average price is $20.13.
About Beiersdorf Aktiengesellschaft
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Beiersdorf Aktiengesellschaft engages in the manufacture and distribution of 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 provides adhesive tapes and self-adhesive products and system solutions for industries, craft businesses, and consumers.
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