Free Trial

Henkel AG & Co. (OTCMKTS:HENKY) Rating Increased to Strong-Buy at BNP Paribas

Henkel AG & Co. logo with Consumer Staples background

Key Points

  • Henkel AG & Co. has been upgraded to a Strong-Buy rating by BNP Paribas, indicating a positive outlook for the company's stock.
  • Despite this upgrade, Zacks Research downgraded Henkel's rating from Strong-Buy to Hold earlier this month, reflecting differing analyst opinions.
  • Currently, Henkel AG & Co. has a consensus rating of Buy, with shares showing a modest increase of 1.4% recently.
  • MarketBeat previews top five stocks to own in October.

Henkel AG & Co. (OTCMKTS:HENKY - Get Free Report) was upgraded by stock analysts at BNP Paribas from a "hold" rating to a "strong-buy" rating in a research report issued on Monday,Zacks.com reports.

Several other analysts have also commented on HENKY. Zacks Research lowered Henkel AG & Co. from a "strong-buy" rating to a "hold" rating in a research note on Monday, August 18th. Barclays raised Henkel AG & Co. from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, July 15th. Two equities research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of "Buy".

Check Out Our Latest Report on Henkel AG & Co.

Henkel AG & Co. Price Performance

HENKY stock traded down $0.19 during trading on Monday, hitting $19.60. The company had a trading volume of 59,144 shares, compared to its average volume of 43,907. The company has a fifty day moving average price of $18.83 and a two-hundred day moving average price of $18.32. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.21 and a quick ratio of 0.93. Henkel AG & Co. has a fifty-two week low of $16.54 and a fifty-two week high of $21.37.

About Henkel AG & Co.

(Get Free Report)

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.

Further Reading

Should You Invest $1,000 in Henkel AG & Co. Right Now?

Before you consider Henkel AG & Co., you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Henkel AG & Co. wasn't on the list.

While Henkel AG & Co. currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Energy Stocks to Buy and Hold Forever Cover

With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.

Get This Free Report
Like this article? Share it with a colleague.