Canaccord Genuity Reaffirms Sell Rating on Beiersdorf AG (BEI)
Beiersdorf AG (ETR: BEI)‘s stock had its “sell” rating reaffirmed by research analysts at Canaccord Genuity in a report released on Tuesday. They currently have a $60.53 (€46) target price on the stock.
Shares of Beiersdorf AG traded up 2.42% during mid-day trading on Tuesday, hitting €62.482. Beiersdorf AG has a one year low of €42.343 and a one year high of €62.702. The stock’s 50-day moving average is currently €57.11.
BEI has been the subject of a number of other recent research reports. Analysts at AlphaValue reiterated a “sell” rating on shares of Beiersdorf AG in a research note to investors on Thursday, January 3rd. They now have a $66.45 price target on the stock. Finally, analysts at M.M. Warburg Investment Research reiterated a “buy” rating on shares of Beiersdorf AG in a research note to investors on Thursday, December 13th. They now have a $94.81 price target on the stock.
Beiersdorf AG is a Germany-based Company engaged in the production of personal products with focus on cosmetic products manufacture.
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