Henkel AG & Co. (OTCMKTS:HENKY) Stock Price Down 0.8% - Here's Why

Key Points

• Henkel AG & Co. stock is down 0.8% as of Tuesday, trading at $18.46, with an increase in trading volume to 59,471 shares.
• Analyst ratings for Henkel AG & Co. are mixed, with two analysts giving a Strong Buy, one a Buy, and two issuing a Hold rating, resulting in a consensus rating of "Buy".
• The company operates in the adhesive technologies and consumer brands sectors, offering a range of products including adhesives and sealants across various industries.

Henkel AG & Co. (OTCMKTS:HENKY - Get Free Report) traded down 0.8% during trading on Tuesday . The stock traded as low as $18.35 and last traded at $18.46. 59,471 shares changed hands during mid-day trading, an increase of 2% from the average session volume of 58,107 shares. The stock had previously closed at $18.61.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Zacks Research cut Henkel AG & Co. from a "strong-buy" rating to a "hold" rating in a research note on Monday, August 18th. BNP Paribas raised Henkel AG & Co. from a "hold" rating to a "strong-buy" rating in a research note on Monday, September 8th. Royal Bank Of Canada raised Henkel AG & Co. to a "hold" rating in a research note on Wednesday, September 17th. Finally, Barclays raised Henkel AG & Co. from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, July 15th. Two investment analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Buy".

Henkel AG & Co. Trading Down 0.8%

The business has a 50-day simple moving average of $19.05 and a 200-day simple moving average of $18.28.

Henkel AG & Co. Company Profile

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.

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