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ANALYSIS FLASH: Bernstein leaves Beiersdorf at ‘market perform’ – target of 93 euros

NEW YORK (dpa-AFX) – After the announcement of an acquisition, the US analysis company Bernstein Research left Beiersdorf at “Market-Perform” with a price target of 93 euros. The consumer goods company used cash reserves to take over the US skin care brand Chantecaille, wrote analyst Bruno Monteyne in a study published on Wednesday. He is very satisfied that the Beiersdorf Group is expanding its presence in its most exciting premium skin care market. Chantecaille will complement the ultra-premium brand La Prairie. / Ck / gl

Publication of the original study: December 22nd, 2021 / Time not specified in study / UTC

First distribution of the original study: 22.12.2021 / 07:17 / UTC

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Reference-www.finanzen.at

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