Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFF) Receives Average Rating of “Reduce” from Brokerages

Shares of Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFF) have been assigned a consensus rating of “Reduce” from the six analysts that are covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a sell rating and four have issued a hold rating on the company.

A number of equities analysts have commented on the stock. Morgan Stanley downgraded shares of Beiersdorf Aktiengesellschaft from an “equal weight” rating to an “underweight” rating in a research note on Monday, March 16th. Royal Bank Of Canada cut shares of Beiersdorf Aktiengesellschaft from a “sector perform” rating to an “underperform” rating in a research report on Tuesday, March 10th. UBS Group raised shares of Beiersdorf Aktiengesellschaft from a “sell” rating to a “neutral” rating in a research report on Tuesday, March 31st. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Beiersdorf Aktiengesellschaft in a research report on Wednesday, March 18th. Finally, Berenberg Bank reaffirmed a “hold” rating on shares of Beiersdorf Aktiengesellschaft in a research report on Monday, March 23rd.

Beiersdorf Aktiengesellschaft Stock Performance

Shares of BDRFF stock opened at $85.22 on Friday. The company’s 50-day simple moving average is $94.92 and its two-hundred day simple moving average is $103.89. Beiersdorf Aktiengesellschaft has a one year low of $83.94 and a one year high of $145.88.

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.