Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) Stock Price Up 2.1% – Here’s What Happened

Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY)’s stock price shot up 2.1% during trading on Wednesday . The stock traded as high as $18.22 and last traded at $18.20. 49,955 shares changed hands during trading, a decline of 46% from the average session volume of 92,799 shares. The stock had previously closed at $17.83.

Analysts Set New Price Targets

Separately, Zacks Research lowered shares of Beiersdorf Aktiengesellschaft from a “hold” rating to a “strong sell” rating in a report on Friday, August 7th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Beiersdorf Aktiengesellschaft presently has an average rating of “Sell”.

Beiersdorf Aktiengesellschaft Price Performance

The company has a 50-day moving average price of $17.69 and a 200-day moving average price of $18.55.

About Beiersdorf Aktiengesellschaft

Beiersdorf Aktiengesellschaft, trading in the United States under the symbol BDRFY, is a German consumer goods company specializing in skin care and adhesive technologies. Founded in Hamburg in 1882, Beiersdorf has grown into a global player in personal care, developing and marketing products designed to maintain and restore skin health. The company’s core business segments encompass consumer skin care, medical skin care, and tesa adhesive technologies, serving both retail and professional customers.

In its consumer skin care division, Beiersdorf is best known for its flagship NIVEA brand, one of the world’s leading skin care names.