NEW YORK (dpa-AFX) - The Canadian bank RBC has left its rating for Beiersdorf at "Sector Perform" with a target price of 117 euros. The consumer goods group exceeded expectations overall in the first quarter, wrote analyst Emma Letheren in a study published on Tuesday. However, she criticized that the quarter was nevertheless mixed in view of the disappointing performance of the Eucerin brand and the Tesa adhesives division. The raised outlook can possibly be explained by the initially still very cautious targets that were set in February./tih/gl

Publication of the original study: 16.04.2024 / 02:33 / EDT First dissemination of the original study: 16.04.2024 / 02:33 / EDT

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