Analyst Molly Wylenzek from Jefferies maintained a Buy rating on Beiersdorf (0DQ7 – Research Report) and increased the price target to €156.00 from €154.00.
Molly Wylenzek has given her Buy rating due to a combination of factors that highlight Beiersdorf’s strong performance and strategic positioning. The company delivered impressive results for the fourth quarter and full year 2024, demonstrating resilience against the broader slowdown in the beauty sector. This resilience is attributed to Beiersdorf’s lower exposure to the Chinese market and its robust pipeline of innovative products.
Despite a slight reduction in earnings per share estimates for fiscal year 2025, driven by expected currency fluctuations and operational adjustments, the overall outlook remains positive. The price target for Beiersdorf’s stock has been adjusted upwards to €156, reflecting confidence in the company’s future performance. Additionally, Beiersdorf’s valuation is attractive, trading at a discount compared to its peers in the household and personal care sector, further supporting the Buy recommendation.
In another report released on March 4, Bernstein also maintained a Buy rating on the stock with a €155.00 price target.
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