Henkel AG & Co KGaA (FRA:HEN3) has been given a €111.00 ($129.07) target price by stock analysts at JPMorgan Chase & Co. in a note issued to investors on Tuesday, October 23rd. The brokerage presently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s price target suggests a potential upside of 14.48% from the company’s current price.
Several other research firms have also commented on HEN3. Sanford C. Bernstein set a €111.00 ($129.07) price objective on shares of Henkel AG & Co KGaA and gave the company a “neutral” rating in a research report on Monday, September 17th. Morgan Stanley restated a “sell” rating on shares of Henkel AG & Co KGaA in a report on Tuesday, October 16th. UBS Group set a €100.00 ($116.28) target price on shares of Henkel AG & Co KGaA and gave the stock a “sell” rating in a report on Thursday, August 16th. Commerzbank set a €128.00 ($148.84) target price on shares of Henkel AG & Co KGaA and gave the stock a “buy” rating in a report on Wednesday, October 10th. Finally, Goldman Sachs Group set a €115.00 ($133.72) target price on shares of Henkel AG & Co KGaA and gave the stock a “neutral” rating in a report on Thursday, September 6th. Four analysts have rated the stock with a sell rating, thirteen have given a hold rating and eight have assigned a buy rating to the company. Henkel AG & Co KGaA currently has an average rating of “Hold” and an average target price of €115.79 ($134.64).
Shares of FRA HEN3 traded down €0.36 ($0.42) during midday trading on Tuesday, reaching €96.96 ($112.74). The stock had a trading volume of 642,864 shares. Henkel AG & Co KGaA has a 12-month low of €103.00 ($119.77) and a 12-month 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; transport and metal; general industry; electronics; and consumers, craftsmen, and building.
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