Beiersdorf Aktiengesellschaft’s (BDRFF) Hold Rating Reaffirmed at Berenberg Bank

Berenberg Bank reiterated their hold rating on shares of Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFF) in a research note issued to investors on Monday, Marketbeat reports.

A number of other research firms have also issued reports on BDRFF. JPMorgan Chase & Co. restated a “neutral” rating on shares of Beiersdorf Aktiengesellschaft in a research report on Wednesday, March 18th. Royal Bank Of Canada cut Beiersdorf Aktiengesellschaft from a “sector perform” rating to an “underperform” rating in a research note on Tuesday, March 10th. Finally, Morgan Stanley downgraded shares of Beiersdorf Aktiengesellschaft from an “equal weight” rating to an “underweight” rating in a report on Monday, March 16th. Three research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce”.

Beiersdorf Aktiengesellschaft Stock Up 2.4%

OTCMKTS:BDRFF opened at $87.06 on Monday. The stock has a 50 day moving average of $108.20 and a 200-day moving average of $107.89. Beiersdorf Aktiengesellschaft has a 52 week low of $85.00 and a 52 week 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.