Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) Shares Up 1.3%

Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFYGet Rating) shares shot up 1.3% on Thursday . The stock traded as high as $20.36 and last traded at $20.31. 422,991 shares were traded during trading, an increase of 169% from the average session volume of 157,456 shares. The stock had previously closed at $20.04.

Several research firms recently weighed in on BDRFY. Credit Suisse Group upped their price objective on shares of Beiersdorf Aktiengesellschaft from €105.00 ($110.53) to €107.00 ($112.63) and gave the stock an “outperform” rating in a research report on Friday, April 29th. Royal Bank of Canada boosted their target price on Beiersdorf Aktiengesellschaft from €76.00 ($80.00) to €81.00 ($85.26) and gave the stock an “underperform” rating in a research note on Friday, April 29th. Finally, Berenberg Bank lowered their target price on Beiersdorf Aktiengesellschaft from €110.00 ($115.79) to €106.00 ($111.58) and set a “buy” rating for the company in a research note on Thursday, March 3rd. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, Beiersdorf Aktiengesellschaft has an average rating of “Hold” and an average price target of $94.00.

The company has a 50 day simple moving average of $20.02 and a 200 day simple moving average of $20.15.

The company also recently disclosed a dividend, which was paid on Friday, May 6th. Stockholders of record on Wednesday, April 20th were paid a $0.1001 dividend. This represents a dividend yield of 0.49%. The ex-dividend date of this dividend was Tuesday, April 19th.

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

Receive News & Ratings for Beiersdorf Aktiengesellschaft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Beiersdorf Aktiengesellschaft and related companies with MarketBeat.com's FREE daily email newsletter.