Morgan Stanley Reiterates “€75.00” Price Target for Henkel AG & Co KGaA (FRA:HEN3)

Morgan Stanley set a €75.00 ($87.21) target price on Henkel AG & Co KGaA (FRA:HEN3) in a report released on Monday, Borsen Zeitung reports. The firm currently has a sell rating on the stock.

Several other equities research analysts have also weighed in on HEN3. Royal Bank of Canada reiterated a hold rating and set a $0.35 price objective on shares of DB Commodity Double Short ETN in a research note on Friday, July 12th. HSBC dropped their price objective on shares of WPP from GBX 1,000 ($13.07) to GBX 970 ($12.67) and set a hold rating on the stock in a research note on Thursday, July 4th. DZ Bank reiterated a neutral rating on shares of Rational in a research note on Tuesday, May 7th. Barclays increased their price objective on shares of Roper Technologies from $342.00 to $355.00 and gave the stock an equal weight rating in a research note on Tuesday, July 9th. Finally, UBS Group lowered shares of Telstra from a buy rating to a neutral rating in a research note on Monday, July 1st. Four analysts have rated the stock with a sell rating, sixteen have given a hold rating and three have issued a buy rating to the company’s stock. The company has a consensus rating of Hold and an average price target of €95.72 ($111.30).

HEN3 opened at €89.70 ($104.30) on Monday. Henkel AG & Co KGaA has a fifty-two week low of €103.00 ($119.77) and a fifty-two week high of €129.65 ($150.76). The stock’s 50-day simple moving average is €86.22.

About Henkel AG & Co KGaA

Henkel AG & Co KGaA, together with its subsidiaries, engages in adhesive technologies, beauty care, and laundry and home care businesses worldwide. The company's Adhesive Technologies segment offers adhesives, sealants, and functional coatings for various business areas, including packaging and consumer goods adhesives; transport and metal; general industry; electronics; and consumers, craftsmen, and building.

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Analyst Recommendations for Henkel AG & Co KGaA (FRA:HEN3)

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