Beiersdorf AG
BEI: XETR (DEU)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| #V | LOCK|%#@@^ | LOCK|&>s |
Beiersdorf: Nivea Still Weak, but Derma and La Prairie Offer Support; Shares Undervalued
Beiersdorf’s consumer business improved sequentially in the third quarter, with organic sales down 0.7% versus down 4.0% in the first half, as Nivea weakness was offset by strength in derma and La Prairie. Guidance was confirmed, and shares fell about 3% intraday on Oct. 27.
