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

Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFF) has been assigned an average recommendation of “Reduce” from the six research firms that are covering the firm, MarketBeat reports. Two analysts have rated the stock with a sell rating and four have assigned a hold rating to the company.

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

Beiersdorf Aktiengesellschaft Price Performance

Shares of BDRFF opened at $87.23 on Tuesday. Beiersdorf Aktiengesellschaft has a 1-year low of $83.94 and a 1-year high of $145.88. The firm has a fifty day moving average price of $103.83 and a 200 day moving average price of $106.42.

Beiersdorf Aktiengesellschaft Company Profile

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.