Morgan Stanley Reiterates “Sell” Rating for Henkel AG & Co KGaA (HEN3)

Morgan Stanley reiterated their sell rating on shares of Henkel AG & Co KGaA (FRA:HEN3) in a report issued on Tuesday, October 16th.

HEN3 has been the topic of a number of other reports. JPMorgan Chase & Co. set a €111.00 ($129.07) price objective on shares of Henkel AG & Co KGaA and gave the stock a neutral rating in a report on Monday, September 3rd. Goldman Sachs Group set a €115.00 ($133.72) price objective on shares of Henkel AG & Co KGaA and gave the stock a neutral rating in a report on Thursday, September 6th. Commerzbank set a €132.00 ($153.49) price objective on shares of Henkel AG & Co KGaA and gave the stock a buy rating in a report on Wednesday, September 5th. Independent Research set a €110.00 ($127.91) price objective on shares of Henkel AG & Co KGaA and gave the stock a neutral rating in a report on Thursday, August 16th. Finally, Nord/LB set a €108.00 ($125.58) price objective on shares of Henkel AG & Co KGaA and gave the stock a neutral rating in a report on Thursday, August 16th. Four investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eight have issued a buy rating to the company. Henkel AG & Co KGaA has an average rating of Hold and a consensus price target of €115.79 ($134.64).

HEN3 traded down €0.36 ($0.42) during mid-day trading on Tuesday, reaching €96.96 ($112.74). 642,864 shares of the stock were exchanged. Henkel AG & Co KGaA has a 1 year low of €103.00 ($119.77) and a 1 year high of €129.65 ($150.76).

About Henkel AG & Co KGaA

Henkel AG & Co KGaA, together with its subsidiaries, engages in adhesive technologies, beauty care, and laundry and home care businesses worldwide. The company's Adhesive Technologies segment offers adhesives, sealants, and functional coatings for various business areas, including packaging and consumer goods; transport and metal; general industry; electronics; and consumers, craftsmen, and building.

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Analyst Recommendations for Henkel AG & Co KGaA (FRA:HEN3)

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