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Beiersdorf (ETR:BEI) Downgraded by Analysts at Bernstein Research to Underperform Rating with EUR 71.00 Target

Bernstein Analyst Rating Change Beiersdorf ETR:BEI

Beiersdorf (ETR:BEI) Change of Rating

Frankfurt-listed Beiersdorf (ETR:BEI), was downgraded by investment analysts at Bernstein Research. Bernstein Research downgraded its rating on the 19.68 billion EUR market cap company to Underperform, but maintained its price target of EUR 71.00 on BEI shares.

ETR:BEI Price Chart & Trend

The stock price of Beiersdorf went down 1.01% over the last 200 days, and is in fragile down trend. In the last 50 and 100 days, Beiersdorf is down 3.21% and down 8.92%, respectively. Our stocks momentum model is shown on the price chart below. Beiersdorf (ETR:BEI) Downgraded by Analysts at Bernstein Research to Underperform Rating with EUR 71.00 Target

Source: RightEdge Systems, Yahoo Split & Dividend Adjusted Data and OctaFinance Trading Models

BEI Stock Chart

Beiersdorf (ETR:BEI) Profile

Beiersdorf AG is a Germany-based company engaged in the production of personal products with focus on cosmetic products manufacture. The Company operates through the two business segments Consumer as well as tesa. The Consumer business segment provides skin and beauty care products and comprises operation of portfolio brands such as NIVEA, Eucerin, Labello, la prairie, Hansaplast and Florena, among others.

Beiersdorf (ETR:BEI) traded down -1.55% on 2 April, hitting EUR 78.11. A total of 382,497 shares of the company’s stock traded hands. This is up from average of 352,810 shares. Beiersdorf has a 52 week low of EUR 67.92 and a 52 week high of EUR 89.54. The company has a market cap of 19.68 billion EUR and a P/E ratio of 26.84.

Get the latest Beiersdorf (ETR:BEI) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.

The post Beiersdorf (ETR:BEI) Downgraded by Analysts at Bernstein Research to Underperform Rating with EUR 71.00 Target appeared first on Octafinance.



This post first appeared on Octafinance – Financial News, Reports And Intell, please read the originial post: here

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Beiersdorf (ETR:BEI) Downgraded by Analysts at Bernstein Research to Underperform Rating with EUR 71.00 Target

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