Nord/LB set a €72.00 ($83.72) target price on Henkel AG & Co KGaA (FRA:HEN3) in a report issued on Tuesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Several other brokerages also recently weighed in on HEN3. Warburg Research set a €86.00 ($100.00) price target on Henkel AG & Co KGaA and gave the stock a neutral rating in a report on Monday, January 6th. DZ Bank reiterated a neutral rating on shares of Henkel AG & Co KGaA in a report on Monday, March 9th. Independent Research set a €78.00 ($90.70) price target on Henkel AG & Co KGaA and gave the stock a sell rating in a report on Friday, March 6th. Credit Suisse Group set a €88.00 ($102.33) price target on Henkel AG & Co KGaA and gave the stock a neutral rating in a report on Thursday, March 5th. Finally, Royal Bank of Canada set a €91.00 ($105.81) price target on Henkel AG & Co KGaA and gave the stock a buy rating in a report on Monday. Four research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and one has given a buy rating to the company’s stock. Henkel AG & Co KGaA currently has an average rating of Hold and a consensus target price of €82.39 ($95.81).
Shares of FRA HEN3 opened at €71.90 ($83.60) on Tuesday. The business’s 50 day moving average price is €82.85 and its 200-day moving average price is €90.67. Henkel AG & Co KGaA has a fifty-two week low of €103.00 ($119.77) and a fifty-two week 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 adhesives; transport and metal; general industry; electronics; and consumers, craftsmen, and building.
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