Shares of Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFF – Get Free Report) shot up 2.8% during trading on Friday . The company traded as high as $89.92 and last traded at $89.92. Approximately 119 shares were traded during trading, a decline of 98% from the average session volume of 4,940 shares. The stock had previously closed at $87.4450.
Wall Street Analyst Weigh In
Several research analysts have recently weighed in on the stock. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Beiersdorf Aktiengesellschaft in a research note on Wednesday, March 18th. Morgan Stanley cut Beiersdorf Aktiengesellschaft from an “equal weight” rating to an “underweight” rating in a report on Monday, March 16th. UBS Group upgraded Beiersdorf Aktiengesellschaft from a “sell” rating to a “neutral” rating in a research report on Tuesday, March 31st. Finally, Berenberg Bank reissued a “hold” rating on shares of Beiersdorf Aktiengesellschaft in a 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. According to data from MarketBeat, the company has a consensus rating of “Reduce”.
Check Out Our Latest Analysis on Beiersdorf Aktiengesellschaft
Beiersdorf Aktiengesellschaft Trading Up 2.8%
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.
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