Trading Report: The Beiersdorf AG (BEI) Given a €82.00 Price Target at Nord/LB

The Beiersdorf AG (BEI) Given a €82.00 Price Target at Nord/LB

Nord/LB set a €82.00 ($88.17) price objective on Beiersdorf AG (ETR:BEI) in a research note released on Tuesday morning. The firm currently has a neutral rating on the stock.

Several other equities research analysts have also issued reports on the stock. RBC Capital Markets set a €90.00 ($96.77) target price on shares of Beiersdorf AG and gave the company a buy rating in a research report on Monday, November 7th. Berenberg Bank set a €80.00 ($86.02) price objective on shares of Beiersdorf AG and gave the stock a sell rating in a report on Monday, November 7th. JPMorgan Chase & Co. restated a sell rating on shares of Beiersdorf AG in a report on Thursday, September 22nd. Deutsche Bank AG set a €100.00 ($107.53) price objective on shares of Beiersdorf AG and gave the stock a buy rating in a report on Thursday, August 25th. Finally, Barclays PLC set a €77.00 ($82.80) price objective on shares of Beiersdorf AG and gave the stock a sell rating in a report on Friday, October 7th. Five investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and ten have assigned a buy rating to the stock. The stock presently has an average rating of Hold and an average target price of €87.16 ($93.72).

Shares of Beiersdorf AG (ETR:BEI) opened at 77.30 on Tuesday. The firm has a 50-day moving average of €79.73 and a 200-day moving average of €81.71. Beiersdorf AG has a 12-month low of €74.16 and a 12-month high of €89.42. The firm has a market capitalization of €17.53 billion and a PE ratio of 25.90.

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