Henkel AG & Co KGaA (FRA:HEN3) received a €97.00 ($112.79) target price from Warburg Research in a report issued on Wednesday, Borsen Zeitung reports. The firm currently has a “neutral” rating on the stock. Warburg Research’s price objective suggests a potential upside of 7.49% from the company’s previous close.
Other research analysts also recently issued reports about the company. Main First Bank set a €92.00 ($106.98) target price on Henkel AG & Co KGaA and gave the stock a “neutral” rating in a report on Wednesday, July 3rd. Credit Suisse Group set a €88.00 ($102.33) price objective on Henkel AG & Co KGaA and gave the company a “neutral” rating in a research note on Monday, July 8th. UBS Group set a €81.00 ($94.19) price objective on Henkel AG & Co KGaA and gave the company a “sell” rating in a research note on Monday, July 1st. Jefferies Financial Group set a €86.50 ($100.58) price objective on Henkel AG & Co KGaA and gave the company a “neutral” rating in a research note on Wednesday, June 26th. Finally, Kepler Capital Markets set a €88.00 ($102.33) price objective on Henkel AG & Co KGaA and gave the company a “neutral” rating in a research note on Tuesday, May 7th. Four equities research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and three have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of €96.07 ($111.70).
HEN3 stock traded down €2.46 ($2.86) during midday trading on Wednesday, reaching €90.24 ($104.93). 406,374 shares of the stock were exchanged. Henkel AG & Co KGaA has a 52 week low of €103.00 ($119.77) and a 52 week high of €129.65 ($150.76). The firm has a fifty day moving average of €88.83.
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 adhesives; transport and metal; general industry; electronics; and consumers, craftsmen, and building.
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