Zacks Investment Research downgraded shares of HENKEL AG&CO. KGAA (OTCMKTS:HENKY) from a buy rating to a hold rating in a report published on Friday.
According to Zacks, “HENKEL KGAA ADR’s principal activities are divided into four product divisions: Henkel technologies-industrial adhesives, contact adhesives and sealant; Cosmetics/toiletries-hair cosmetics, toiletries, oral and skin care, hair salon products; Detergents/household cleaners-heavy duty and specialty detergents, fabric softeners, household cleansers, kitchen care products, shoe care products, plant care products; Adhesives-adhesives, contact adhesives and sealant for consumer and craftsman. “
Several other equities research analysts have also issued reports on the company. Goldman Sachs Group upgraded HENKEL AG&CO. KGAA from a sell rating to a neutral rating in a report on Thursday, January 4th. Raymond James Financial lowered HENKEL AG&CO. KGAA from an outperform rating to a mkt perform rating in a report on Tuesday, September 26th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company. HENKEL AG&CO. KGAA has an average rating of Hold and a consensus target price of $143.00.
HENKEL AG&CO. KGAA (OTCMKTS:HENKY) last announced its quarterly earnings results on Tuesday, November 14th. The company reported $1.80 earnings per share (EPS) for the quarter. HENKEL AG&CO. KGAA had a return on equity of 16.26% and a net margin of 10.89%. sell-side analysts anticipate that HENKEL AG&CO. KGAA will post 7.04 earnings per share for the current year.
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About HENKEL AG&CO. KGAA
Henkel AG & Co KGaA, together with its subsidiaries, engages in laundry and home care, beauty care, and adhesive technology businesses worldwide. The companys Laundry and Home Care segment offers heavy-duty and specialty detergents, fabric softeners, laundry performance enhancers, and laundry care products; hand and automatic dishwashing products; cleaners for bathroom and WC applications; household, glass, and specialty cleaners; and air fresheners and insecticides for household applications.
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