Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) Receives $94.00 Average Target Price from Analysts

Shares of Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY – Get Rating) have been given a consensus recommendation of “Buy” by the fifteen brokerages that are covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and nine have given a buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $94.00.

Several analysts have recently issued reports on BDRFY shares. Credit Suisse Group started coverage on Beiersdorf Aktiengesellschaft in a research note on Thursday, February 3rd. They set an “outperform” rating for the company. HSBC upgraded Beiersdorf Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note on Friday, January 21st. UBS Group upped their price target on Beiersdorf Aktiengesellschaft from €85.00 ($92.39) to €88.00 ($95.65) in a research note on Tuesday, January 18th. Berenberg Bank decreased their price target on Beiersdorf Aktiengesellschaft from €110.00 ($119.57) to €106.00 ($115.22) and set a “buy” rating for the company in a research note on Thursday, March 3rd. Finally, Morgan Stanley upped their price target on Beiersdorf Aktiengesellschaft from €85.00 ($92.39) to €88.00 ($95.65) in a research note on Wednesday, January 5th.

Shares of BDRFY stock opened at $20.30 on Wednesday. Beiersdorf Aktiengesellschaft has a fifty-two week low of $17.25 and a fifty-two week high of $25.36. The stock’s 50-day moving average is $20.07 and its two-hundred day moving average is $20.64.

The company also recently disclosed a dividend, which will be paid on Friday, May 6th. Shareholders of record on Wednesday, April 20th will be given a $0.1001 dividend. The ex-dividend date is Tuesday, April 19th. This represents a dividend yield of 0.49%.

Beiersdorf Aktiengesellschaft Company Profile (Get Rating)

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.

Read More