Henkel AG & Co. KGaA (0IZC – Research Report) received a Buy rating and a €100.00 price target from J.P. Morgan analyst Celine Pannuti CFA today. The company’s shares closed yesterday at €78.80.
According to TipRanks, Pannuti CFA is an analyst with an average return of -1.5% and a 40.76% success rate. Pannuti CFA covers the Consumer Defensive sector, focusing on stocks such as Nestlé SA, Diageo, and Essity AB.
In addition to J.P. Morgan, Henkel AG & Co. KGaA also received a Buy from DZ BANK AG’s Thomas Maul in a report issued on November 20. However, on November 13, Deutsche Bank maintained a Hold rating on Henkel AG & Co. KGaA (LSE: 0IZC).
0IZC market cap is currently €32.03B and has a P/E ratio of 18.59.
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Henkel AG & Co. KGaA (0IZC) Company Description:
Henkel comprises two distinct customer groups. The consumer segment (around 52% of consolidated 2019 sales) comprises laundry and home care, including the Persil and Purex laundry detergent brands, beauty care, including the Schwarzkopf hand soap Dial brands, and consumer adhesives, primarily Loctite. Industrial adhesives make up the remaining 48% of sales. Sales from high-margin Western Europe accounted for 30% of the firm’s consolidated total in 2019, while Asia and North America accounted for 15% and 26%, respectively.
