UBS maintains its 'sell' recommendation on Beiersdorf shares, lowering its target price for them to €112 (from €117), a new TP that implies 6% downside potential for the German cosmetics group's stock, which notably operates the Nivea and La Prairie brands.
A sluggish start to the year and a modest recovery in the second quarter imply a blue-sky scenario in the second half of the year for the group to comfortably reach its 2025 forecasts, the broker says, which reduces its EPS estimate by 3%.
Copyright (c) 2025 CercleFinance.com. All rights reserved.
The information and analyses disseminated by Cercle Finance are only intended to assist investors in their decision-making. Cercle Finance cannot be held responsible or liable, directly or indirectly, as a result of the use of the information and analyses by readers. It is recommended that any uninformed person consult a professional advisor before investing. This indicative information is in no way an incitement to sell or a solicitation to buy.
BEIERSDORF : UBS cuts target price
Published on 2025-04-16 at 09:04
Share
Share
© Cercle Finance - 2025