Beiersdorf AG Rating Reiterated by Sanford C. Bernstein (BEI)

Beiersdorf AG (ETR: BEI)‘s stock had its “underperform” rating restated by Sanford C. Bernstein in a research note issued on Monday, AnalystRatingsNetwork.com reports. They currently have a €59.00 ($76.62) price objective on the stock.

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, May 16th. They now have a €57.20 ($74.29) price target on the stock. Separately, analysts at Baader Bank reiterated a “buy” rating on shares of Beiersdorf AG in a research note to investors on Wednesday, May 8th. They now have a €74.00 ($96.10) price target on the stock. Finally, analysts at Societe Generale reiterated a “hold” rating on shares of Beiersdorf AG in a research note to investors on Friday, May 3rd. They now have a €74.00 ($96.10) price target on the stock.

Nine analysts have rated the stock with a sell rating, two have issued a hold rating and seven have issued a buy rating to the company. Beiersdorf AG currently has an average rating of “Hold” and an average price target of €62.20 ($80.78).

Shares of Beiersdorf AG (ETR: BEI) traded up 1.12% during mid-day trading on Monday, hitting €70.906. Beiersdorf AG has a one year low of €49.34 and a one year high of €73.304. The stock’s 50-day moving average is currently €57.11.

Beiersdorf AG is a Germany-based Company engaged in the production of personal products with focus on cosmetic products manufacture.