Henkel AG & Co KGaA (FRA:HEN3) Given a €104.00 Price Target at HSBC
HSBC set a €104.00 ($120.93) price objective on Henkel AG & Co KGaA (FRA:HEN3) in a research report sent to investors on Wednesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
HEN3 has been the topic of a number of other reports. JPMorgan Chase & Co. set a €91.00 ($105.81) target price on Henkel AG & Co KGaA and gave the stock a neutral rating in a report on Tuesday. Royal Bank of Canada set a €96.00 ($111.63) target price on Henkel AG & Co KGaA and gave the stock a neutral rating in a research report on Friday, July 12th. Deutsche Bank set a €95.00 ($110.47) target price on Henkel AG & Co KGaA and gave the stock a neutral rating in a research report on Thursday, July 11th. Societe Generale set a €99.00 ($115.12) target price on Henkel AG & Co KGaA and gave the stock a neutral rating in a research report on Monday, July 29th. Finally, Independent Research set a €82.00 ($95.35) target price on Henkel AG & Co KGaA and gave the stock a sell rating in a research report on Tuesday. Four investment analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and three have given a buy rating to the stock. Henkel AG & Co KGaA currently has an average rating of Hold and an average target price of €94.72 ($110.14).
Shares of FRA HEN3 traded down €1.06 ($1.23) during mid-day trading on Wednesday, reaching €83.84 ($97.49). The company had a trading volume of 474,885 shares. The business has a 50-day moving average price of €89.64. Henkel AG & Co KGaA has a 1-year low of €103.00 ($119.77) and a 1-year high of €129.65 ($150.76).
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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