Zacks Investment Research Downgrades HENKEL AG&CO. KGAA (OTCMKTS:HENKY) to Sell

HENKEL AG&CO. KGAA (OTCMKTS:HENKY) was downgraded by Zacks Investment Research from a “buy” rating to a “sell” rating in a research note issued on Wednesday, January 3rd.

According to Zacks, “HENKEL KGAA ADR’s principal activities are divided into four product divisions: Henkel technologies-industrial adhesives, contact adhesives and sealant; Cosmetics/toiletries-hair cosmetics, toiletries, oral and skin care, hair salon products; Detergents/household cleaners-heavy duty and specialty detergents, fabric softeners, household cleansers, kitchen care products, shoe care products, plant care products; Adhesives-adhesives, contact adhesives and sealant for consumer and craftsman. “

Separately, Raymond James Financial downgraded shares of HENKEL AG&CO. KGAA from an “outperform” rating to a “mkt perform” rating in a research report on Tuesday, September 26th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $135.00.

Shares of HENKEL AG&CO. KGAA (HENKY) opened at $124.69 on Wednesday. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.08 and a quick ratio of 0.83. HENKEL AG&CO. KGAA has a 12 month low of $102.76 and a 12 month high of $128.27. The stock has a market cap of $32,440.00, a PE ratio of 22.37, a PEG ratio of 2.09 and a beta of 1.04.

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About HENKEL AG&CO. KGAA

Henkel AG & Co KGaA, together with its subsidiaries, engages in laundry and home care, beauty care, and adhesive technology businesses worldwide. The company’s Laundry and Home Care segment offers heavy-duty and specialty detergents, fabric softeners, laundry performance enhancers, and laundry care products; hand and automatic dishwashing products; cleaners for bathroom and WC applications; household, glass, and specialty cleaners; and air fresheners and insecticides for household applications.

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