Henkel AG & Co KGaA (FRA:HEN3) Target Price Issued at €100.00 by Berenberg Bank

Henkel AG & Co KGaA (FRA:HEN3) Target Price Issued at €100.00 by Berenberg Bank

Henkel AG & Co KGaA (FRA:HEN3) has been given a €100.00 ($116.28) target price by Berenberg Bank in a research report issued to clients and investors on Wednesday, January 23rd. The brokerage currently has a “neutral” rating on the stock. Berenberg Bank’s price target would suggest a potential upside of 17.32% from the stock’s previous close.

A number of other research firms also recently commented on HEN3. DZ Bank set a €105.00 ($122.09) target price on Henkel AG & Co KGaA and gave the company a “neutral” rating in a report on Thursday, November 15th. Deutsche Bank set a €110.00 ($127.91) target price on Henkel AG & Co KGaA and gave the company a “neutral” rating in a report on Thursday, January 17th. Sanford C. Bernstein set a €109.00 ($126.74) target price on Henkel AG & Co KGaA and gave the company a “neutral” rating in a report on Tuesday, November 13th. Morgan Stanley reaffirmed a “sell” rating on shares of Henkel AG & Co KGaA in a research note on Tuesday, October 16th. Finally, Jefferies Financial Group set a €115.00 ($133.72) price objective on Henkel AG & Co KGaA and gave the stock a “buy” rating in a research report on Friday, November 9th. Four equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and four have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of €98.36 ($114.38).

Shares of HEN3 traded down €0.56 ($0.65) during mid-day trading on Wednesday, reaching €85.24 ($99.12). 818,636 shares of the company’s 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).

Henkel AG & Co KGaA Company Profile

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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