Royal Bank Of Canada Upgrades Henkel AG & Co. (OTCMKTS:HENKY) to "Hold"

Key Points

• Henkel AG & Co. was upgraded to a "hold" rating by Royal Bank Of Canada, reflecting a shift in analysts' perspectives on the company's stock.
• Other analysts have given mixed ratings, with BNP Paribas issuing a "strong-buy" while Zacks Research downgraded the stock to "hold."
• Currently, Henkel AG & Co. has an average rating of "Buy," with the stock trading down 1.3% to $19.05.

Henkel AG & Co. (OTCMKTS:HENKY - Get Free Report) was upgraded by research analysts at Royal Bank Of Canada to a "hold" rating in a note issued to investors on Wednesday,Zacks.com reports.

Several other equities analysts have also weighed in on the stock. Barclays upgraded shares of Henkel AG & Co. from a "hold" rating to a "strong-buy" rating in a report on Tuesday, July 15th. BNP Paribas upgraded shares of Henkel AG & Co. from a "hold" rating to a "strong-buy" rating in a report on Monday, September 8th. Finally, Zacks Research lowered shares of Henkel AG & Co. from a "strong-buy" rating to a "hold" rating in a report on Monday, August 18th. Two analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of "Buy".

Henkel AG & Co. Stock Performance

HENKY traded up $0.06 during trading on Wednesday, reaching $19.06. 33,405 shares of the stock traded hands, compared to its average volume of 120,797. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.93 and a current ratio of 1.21. The stock's 50-day moving average is $18.92 and its 200 day moving average is $18.29. Henkel AG & Co. has a 12 month low of $16.54 and a 12 month high of $21.37.

About Henkel AG & Co.

Henkel AG & Co KGaA, together with its subsidiaries, engages in the adhesive technologies and beauty care, and laundry and home care businesses worldwide. It operates in two segments, Adhesive Technologies and Consumer Brands segments. The company offers adhesives, sealants, and functional coatings for various business areas, including packaging and consumer goods; mobility and electronics; and craftsmen, construction, and professional industries.