Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFF) Upgraded by UBS Group to Neutral Rating

UBS Group upgraded shares of Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFF) from a sell rating to a neutral rating in a report published on Tuesday, Marketbeat reports.

Several other equities analysts have also recently issued reports on BDRFF. Morgan Stanley cut shares of Beiersdorf Aktiengesellschaft from an “equal weight” rating to an “underweight” rating in a research note on Monday, March 16th. 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 shares of Beiersdorf Aktiengesellschaft from a “sector perform” rating to an “underperform” rating in a report on Tuesday, March 10th. Finally, Berenberg Bank reiterated a “hold” rating on shares of Beiersdorf Aktiengesellschaft in a research report on Monday, March 23rd. Four research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Reduce”.

Beiersdorf Aktiengesellschaft Stock Performance

Beiersdorf Aktiengesellschaft stock opened at $85.19 on Tuesday. Beiersdorf Aktiengesellschaft has a 12 month low of $83.94 and a 12 month high of $145.88. The stock’s 50 day simple moving average is $104.95 and its two-hundred day simple moving average is $106.71.

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.