Beiersdorf has received a "Sell" rating from UBS, with a price target of 111 euros, based on the company's latest quarterly results.
The bank's analyst, Guillaume Delmas, expressed caution due to Beiersdorf's organic growth falling short of consensus estimates.
However, Beiersdorf remains optimistic about its full-year outlook, indicating confidence in its future performance.
The report was published on October 24, 2024, shortly after the release of the quarterly data.