Morgan Stanley Downgrades Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFF) to Underweight

Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFF) was downgraded by Morgan Stanley from an “equal weight” rating to an “underweight” rating in a note issued to investors on Monday.

Separately, Royal Bank Of Canada cut Beiersdorf Aktiengesellschaft from a “sector perform” rating to an “underperform” rating in a research note on Tuesday, March 10th. One research analyst has rated the stock with a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Beiersdorf Aktiengesellschaft currently has a consensus rating of “Sell”.

Beiersdorf Aktiengesellschaft Price Performance

Shares of Beiersdorf Aktiengesellschaft stock opened at $90.12 on Monday. The business’s fifty day moving average price is $110.83 and its two-hundred day moving average price is $109.07. Beiersdorf Aktiengesellschaft has a 1-year low of $90.12 and a 1-year high of $148.33.

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.