Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFF) Receives Neutral Rating from JPMorgan Chase & Co.

JPMorgan Chase & Co. reissued their neutral rating on shares of Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFF) in a report published on Wednesday, MarketBeat.com reports.

Other research analysts have also issued reports about the stock. Morgan Stanley lowered shares of Beiersdorf Aktiengesellschaft from an “equal weight” rating to an “underweight” rating in a research note on Monday. Royal Bank Of Canada lowered shares of Beiersdorf Aktiengesellschaft from a “sector perform” rating to an “underperform” rating in a research report on Tuesday, March 10th. Two analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Reduce”.

Beiersdorf Aktiengesellschaft Stock Down 2.1%

Shares of OTCMKTS:BDRFF opened at $85.00 on Wednesday. Beiersdorf Aktiengesellschaft has a fifty-two week low of $85.00 and a fifty-two week high of $145.88. The firm’s 50 day moving average price is $109.49 and its 200 day moving average price is $108.54.

About Beiersdorf Aktiengesellschaft

Beiersdorf Aktiengesellschaft is a global consumer goods company headquartered in Hamburg, Germany, with a history dating back to its founding in 1882 by pharmacist Paul C. Beiersdorf. The company is best known for its skincare brands, including NIVEA, Eucerin, La Prairie and Labello, as well as its tesa division, which produces self-adhesive products and industrial tapes. Over its long history, Beiersdorf has built a reputation for innovation in dermatological research and product development, introducing pioneering formulations that span mass-market and premium segments.

The company’s operations are organized into two main business divisions.