Jefferies analyst Molly Wylenzek maintained a Buy rating on Beiersdorf (0DQ7 – Research Report) today and set a price target of €154.00.
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Molly Wylenzek has given her Buy rating due to a combination of factors including the anticipation of a stronger performance in the latter half of the fiscal year, despite a slight reduction in consumer growth estimates for the first quarter. The full-year growth projection remains solid at 5.7%, and earnings per share forecasts are stable, unaffected by foreign exchange fluctuations since the last update.
Wylenzek views the recent market weakness as an overreaction compared to the evolving trends, suggesting that the current stock price presents an attractive entry point. Beiersdorf is positioned as a company capable of achieving mid-single-digit to low-double-digit growth, supported by its innovative strategies that provide a buffer against slower market growth. The price target has been slightly adjusted to €154, reflecting a lower valuation among peers, yet the stock remains a Buy due to its potential for growth and competitive positioning.