Henkel AG & Co. (OTCMKTS:HENKY) Upgraded at Royal Bank Of Canada

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 investment analysts at Royal Bank Of Canada to a "hold" rating in a note issued to investors on Wednesday,Zacks.com reports.

A number of other analysts also recently issued reports on the stock. Barclays raised shares of Henkel AG & Co. from a "hold" rating to a "strong-buy" rating in a report on Tuesday, July 15th. Zacks Research downgraded shares of Henkel AG & Co. from a "strong-buy" rating to a "hold" rating in a report on Monday, August 18th. Finally, BNP Paribas raised shares of Henkel AG & Co. from a "hold" rating to a "strong-buy" rating in a report on Monday, September 8th. Two analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, Henkel AG & Co. presently has a consensus rating of "Buy".

Henkel AG & Co. Stock Down 1.9%

Shares of OTCMKTS HENKY traded down $0.36 during mid-day trading on Wednesday, reaching $18.70. 36,393 shares of the company were exchanged, compared to its average volume of 120,318. Henkel AG & Co. has a 52 week low of $16.54 and a 52 week high of $21.37. 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 company's 50 day moving average price is $18.94 and its 200 day moving average price is $18.28.

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.