Jefferies Financial Group Reiterates “€98.00” Price Target for Beiersdorf (BEI)

Beiersdorf (ETR:BEI) has been assigned a €98.00 ($113.95) price target by stock analysts at Jefferies Financial Group in a research report issued to clients and investors on Wednesday, October 31st. The brokerage currently has a “neutral” rating on the stock. Jefferies Financial Group’s target price would suggest a potential upside of 5.67% from the company’s current price.

BEI has been the subject of several other research reports. Credit Suisse Group set a €95.00 ($110.47) target price on shares of Beiersdorf and gave the stock a “neutral” rating in a report on Friday, August 31st. Sanford C. Bernstein set a €86.00 ($100.00) target price on shares of Beiersdorf and gave the stock a “sell” rating in a report on Friday, October 26th. JPMorgan Chase & Co. set a €101.00 ($117.44) target price on shares of Beiersdorf and gave the stock a “neutral” rating in a report on Tuesday, October 30th. Commerzbank set a €97.00 ($112.79) price target on shares of Beiersdorf and gave the company a “neutral” rating in a research note on Wednesday, August 8th. Finally, Baader Bank set a €97.00 ($112.79) price target on shares of Beiersdorf and gave the company a “neutral” rating in a research note on Wednesday, October 31st. Four research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and two have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of €96.68 ($112.42).

BEI traded down €0.84 ($0.98) during trading hours on Wednesday, hitting €92.74 ($107.84). 254,143 shares of the company’s stock were exchanged, compared to its average volume of 494,110. Beiersdorf has a 1-year low of €85.12 ($98.98) and a 1-year high of €102.00 ($118.60).

About Beiersdorf

Beiersdorf Aktiengesellschaft manufactures and distributes consumer goods in Europe, the Americas, Africa, Asia, and Australia. Beiersdorf Aktiengesellschaft manufactures and distributes consumer goods in the area of skin and body care; and technical adhesive tapes in Europe, the Americas, Africa, Asia, and Australia.

Further Reading: Call Option

Analyst Recommendations for Beiersdorf (ETR:BEI)

Receive News & Ratings for Beiersdorf Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Beiersdorf and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply