J P Morgan Chase & Co Reiterates €118.00 Price Target for Henkel AG & Co KGaA (HEN3)

Henkel AG & Co KGaA (FRA:HEN3) has been assigned a €118.00 ($138.82) price objective by equities researchers at J P Morgan Chase & Co in a research note issued on Thursday. The brokerage presently has a “neutral” rating on the stock.

Several other equities analysts have also recently weighed in on HEN3. Morgan Stanley set a €135.00 ($158.82) price objective on Henkel AG & Co KGaA and gave the company a “neutral” rating in a report on Wednesday. UBS AG set a €113.00 ($132.94) price objective on Henkel AG & Co KGaA and gave the company a “sell” rating in a report on Thursday, August 10th. Warburg Research set a €135.00 ($158.82) price objective on Henkel AG & Co KGaA and gave the company a “buy” rating in a report on Thursday, August 10th. Independent Research GmbH set a €135.00 ($158.82) price objective on Henkel AG & Co KGaA and gave the company a “neutral” rating in a report on Monday, August 7th. Finally, DZ Bank AG reaffirmed a “buy” rating on shares of Henkel AG & Co KGaA in a report on Thursday, August 10th. Three investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and nine have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of €127.24 ($149.69).

Shares of Henkel AG & Co KGaA (HEN3) opened at 119.176 on Thursday. The firm has a 50-day moving average price of €115.07 and a 200-day moving average price of €120.41. The company has a market capitalization of €51.76 billion and a PE ratio of 23.655. Henkel AG & Co KGaA has a 12 month low of €105.60 and a 12 month high of €129.65.

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