Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) Stock Price Up 1.3%

Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY – Get Rating)’s stock price rose 1.3% during mid-day trading on Thursday . The company traded as high as $20.36 and last traded at $20.31. Approximately 422,991 shares traded hands during mid-day trading, an increase of 169% from the average daily volume of 157,456 shares. The stock had previously closed at $20.04.

BDRFY has been the subject of a number of research analyst reports. Royal Bank of Canada boosted their target price on Beiersdorf Aktiengesellschaft from €76.00 ($80.00) to €81.00 ($85.26) and gave the company an “underperform” rating in a research note on Friday, April 29th. Credit Suisse Group boosted their price target on Beiersdorf Aktiengesellschaft from €105.00 ($110.53) to €107.00 ($112.63) and gave the company an “outperform” rating in a report on Friday, April 29th. Finally, Berenberg Bank cut their price target on Beiersdorf Aktiengesellschaft from €110.00 ($115.79) to €106.00 ($111.58) and set a “buy” rating on the stock in a report on Thursday, March 3rd. Two analysts have rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $94.00.

The firm has a fifty day moving average of $20.02 and a 200-day moving average of $20.15.

The business also recently announced a dividend, which was paid on Friday, May 6th. Investors of record on Wednesday, April 20th were issued a dividend of $0.1001 per share. The ex-dividend date of this dividend was Tuesday, April 19th. This represents a yield of 0.49%.

Beiersdorf Aktiengesellschaft Company Profile (OTCMKTS:BDRFY)

Beiersdorf Aktiengesellschaft engages in the manufacture and distribution of consumer goods in Europe, the Americas, Africa, Asia, and Australia. It operates in two segments, Consumer Business and Tesa Business. The Consumer Business Segment offers skin and body care products. The Tesa Business segment provides adhesive tapes and self-adhesive products and system solutions for industries, craft businesses, and consumers.

Further Reading