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.
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 companys 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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