Credit Suisse Group Raises Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) Price Target to €107.00

Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY – Get Rating) had its price objective hoisted by Credit Suisse Group from €105.00 ($112.90) to €107.00 ($115.05) in a research note issued to investors on Friday morning, The Fly reports. Credit Suisse Group currently has an outperform rating on the stock.

Several other brokerages also recently commented on BDRFY. UBS Group boosted their price objective on Beiersdorf Aktiengesellschaft from €85.00 ($91.40) to €88.00 ($94.62) in a research report on Tuesday, January 18th. Berenberg Bank decreased their price objective on Beiersdorf Aktiengesellschaft from €110.00 ($118.28) to €106.00 ($113.98) and set a buy rating on the stock in a research report on Thursday, March 3rd. HSBC upgraded Beiersdorf Aktiengesellschaft from a hold rating to a buy rating in a research report on Friday, January 21st. Morgan Stanley upped their target price on Beiersdorf Aktiengesellschaft from €85.00 ($91.40) to €88.00 ($94.62) in a research note on Wednesday, January 5th. Finally, Deutsche Bank Aktiengesellschaft raised Beiersdorf Aktiengesellschaft from a hold rating to a buy rating in a research note on Tuesday, January 18th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of Buy and an average price target of $94.00.

Shares of BDRFY opened at $20.02 on Friday. Beiersdorf Aktiengesellschaft has a one year low of $17.25 and a one year high of $25.36. The business has a fifty day moving average of $20.10 and a 200 day moving average of $20.52.

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

About Beiersdorf Aktiengesellschaft (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.

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