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Beiersdorf AG Add to portfolio

DAXX:BEI, Apr 05, 08:45 UTC

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Friday, April 03


News

Beiersdorf Is Creating Hand Sanitizer to Help With Shortages Caused by COVID-19

BEI

With the shortages that have resulted due to COVID-19, many brands have been coming to the forefront to do what they can to help. Companies have converted their factories into hubs for manufacturing hand sanitizer or creating personal protective equipment for medical professionals. To join in these efforts, beauty company Beiersdorf has announced it will be using its factories to produce hand sanitizer. Beiersdorf serves as the parent company to skin-care brands Nivea, Eucerin, Aquaphor, and Coppertone, and shared the news across three of the brands' Instagram accounts.

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Thursday, April 02


News

Nivea-maker Beiersdorf scraps 2020 outlook due to coronavirus crisis

BEI

Nivea-maker Beiersdorf scraps 2020 outlook due to coronavirus crisis. FRANKFURT (Reuters) - Nivea-maker Beiersdorf <BEIG.DE> on Thursday scrapped its 2020 outlook due to the coronavirus pandemic, and also released preliminary first-quarter sales that showed a 3.6% fall from a year earlier. "For the entire 2020 fiscal year, the company is unable to currently project the potential impact that the corona crisis could have on its business performance. For this reason, the targets set in the company's guidance issued on March 3, 2020, are unlikely to be achieved," the group said. Preliminary sales for the first quarter fell 3.6% on a like-for-like basis to 1.91 billion euros ($2.07 billion), the group said, adding sales at the tesa business segment were down 5.1% in the period.

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Thursday, March 26


News

Latest Trending Research on Online Beauty and Personal Care Market to Witness Huge Growth by 2027 with Top Key Players L’Oreal, Unilever, Procter & Gamble, Estee Lauder, Shiseido, Beiersdorf – The Four Point Play

PG UNA +4 more PG UNA ULVR BEI EL OR

Latest Trending Research on Online Beauty and Personal Care Market to Witness Huge Growth by 2027 with Top Key Players L’Oreal, Unilever, Procter & Gamble, Estee Lauder, Shiseido, Beiersdorf. Beauty and personal care products are applied to the skin in order to avoid symptoms such as early aging, black patches, and pimples. Hair conditioners, hair styling gels, bath gels, and shower items are the usually obtained excellence and individual consideration items online. The latest report titled global Online Beauty and Personal Care market includes the comprehensive study of the present market scope and based on the research that is being carried out the analysts at Market Research Inc state that the newest developments that are presently affecting the changing scenario products and services that have high rankings and great feedback are described wisely.

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Tuesday, March 24


News

Danone (EPA:BN) Given a €71.00 Price Target by UBS Group Analysts – Redmond Register

BEI BN

UBS Group’s price objective indicates a potential upside of 25.49% from the stock’s previous close. Finally, JPMorgan Chase & Co. set a €65.00 ($75.58) price objective on shares of Danone and gave the company a “buy” rating in a research note on Tuesday, March 17th. Seven investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. It offers yogurts under the DanActive, Danimals, Dannon, Danonino, Light & Fit, Oikos, Wallaby, YoCrunch, Danone, Danonino or Prostokvashino, Light & Free, and Vitalinea brand names; and almond-based, cashew-based, soy-based products, ice creams and novelties, and nutrition products under the Silk, So Delicious, Vega, and Alpro brands.

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Thursday, March 19


News

Nivea-maker Beiersdorf starts producing disinfectants

BEI

(Reuters) - Nivea-maker Beiersdorf has started serial production of medical grade disinfectants to support the fight against the coronavirus pandemic in Europe, the German consumer goods firm said on Thursday. Beiersdorf said the medical hand sanitizers are being produced in two plants in Germany and one in Spain that usually produce Nivea and other skincare brands. Beiersdorf has not previously produced disinfectants but it checked which of its factories could be repurposed and has set up dedicated lines for the sanitizers that will not affects its regular production, a spokesperson said. Louis Vuitton owner LVMH said on Sunday that its cosmetics unit would manufacture large quantities of hand disinfectant gel to help stave off a nationwide shortage across France as the coronavirus rapidly spreads.

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Tuesday, March 03


News

Beiersdorf gives solid outlook but coronavirus impact unsure

BEI

The German firm forecast organic sales growth of 3-5% for 2020 after 4.1% in 2019, with its consumer unit predicting growth at the same level, while the Tesa adhesives unit would probably only manage slightly positive growth. The Tesa business has been suffering from a downturn in the automotive industry, while the electronics business held up well in 2019. Beiersdorf reported its underlying earnings before interest and taxation (EBIT) margin fell to 14.5% in 2019 from 15.4% as it invested more in reviving its business. "While the situation of the coronavirus remains dynamic, its impact on our business is not quantifiable yet. We therefore expect stronger headwinds in 2020," Chief Executive Stefan de Loecker said in a statement. But he added that Beiersdorf was well placed to cope due to the strategy he launched last year to invest in new business areas, strengthen the existing skin care portfolio of brands like Nivea and Eucerin, and increase digitalisation.

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Sunday, February 09


News

Beiersdorf (ETR:BEI) Given a €106.00 Price Target by Warburg Research Analysts – Riverton Roll

JEF BEI

A number of other research analysts have also recently commented on BEI. Sanford C. Bernstein set a €100.00 ($116.28) price objective on Beiersdorf and gave the company a sell rating in a research note on Monday, October 28th. Nord/LB set a €99.00 ($115.12) target price on shares of Beiersdorf and gave the stock a neutral rating in a research report on Friday, November 1st. Seven research analysts have rated the stock with a sell rating, seven have given a hold rating and five have assigned a buy rating to the company’s stock. The stock has an average rating of Hold and a consensus price target of €104.39 ($121.38).

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Sunday, February 02


News

Beiersdorf (ETR:BEI) PT Set at €96.00 by UBS Group – Tech Know Bits

BEI

Beiersdorf (ETR:BEI) has been assigned a €96.00 ($111.63) price target by equities research analysts at UBS Group in a research note issued to investors on Thursday, January 16th, Borsen Zeitung reports. UBS Group’s target price points to a potential downside of 6.25% from the company’s previous close. The stock presently has an average rating of “Hold” and a consensus price target of €104.39 ($121.38). Beiersdorf has a 52-week low of €80.60 ($93.72) and a 52-week high of €117.25 ($136.34).

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Saturday, February 01


News

Orange (EPA:ORA) PT Set at €17.00 by Deutsche Bank – Riverton Roll

BEI DBK +1 more BEI DBK ORA

Saturday, February 1st, 2020. Orange (EPA:ORA) has been assigned a €17.00 ($19.77) price objective by stock analysts at Deutsche Bank in a report issued on Wednesday, January 22nd, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. Deutsche Bank’s price objective would suggest a potential upside of 32.76% from the company’s previous close. ORA has been the topic of a number of other research reports. JPMorgan Chase & Co. set a €14.70 ($17.09) price objective on Orange and gave the stock a “neutral” rating in a research note on Friday, January 17th.

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News

Beiersdorf (ETR:BEI) Given a €120.00 Price Target by Barclays Analysts – Slater Sentinel

BEI

Beiersdorf (ETR:BEI) received a €120.00 ($139.53) price objective from equities researchers at Barclays in a research note issued to investors on Thursday, Borsen Zeitung reports. Barclays‘s price objective indicates a potential upside of 17.19% from the company’s current price. Goldman Sachs Group set a €97.00 ($112.79) price target on Beiersdorf and gave the company a “sell” rating in a report on Thursday, January 16th. Nord/LB set a €99.00 ($115.12) price target on Beiersdorf and gave the company a “neutral” rating in a report on Friday, January 17th. Seven analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the stock.

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