Beiersdorf shares received a "Sell" rating from UBS AG, with a price target of 111 euros, after the company's quarterly results were announced.
Analyst Guillaume Delmas pointed out that the consumer goods group's organic growth did not meet consensus estimates, although the overall outlook for the year remains positive.
As a result of this analysis, Beiersdorf's shares increased by 3.4 percent to EUR 131.40 during XETRA trading, indicating a potential decline of 15.53 percent compared to the target price.
The trading volume reached 142,224 shares, and the stock has decreased by 2.4 percent since the beginning of 2024.
Investors are eagerly awaiting the release of Q4 2024 earnings and sales figures, which are scheduled for February 26, 2025.