Henkel AG & Co. (OTCMKTS:HENKY) Raised to Hold at The Goldman Sachs Group

Henkel AG & Co. (OTCMKTS:HENKY) was upgraded by stock analysts at The Goldman Sachs Group from a “strong sell” rating to a “hold” rating in a note issued to investors on Tuesday, Zacks reports.

Separately, Zacks Research raised shares of Henkel AG & Co. from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 12th. Three analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has an average rating of “Hold”.

Henkel AG & Co. Stock Up 0.4%

OTCMKTS:HENKY opened at $18.96 on Tuesday. Henkel AG & Co. has a twelve month low of $16.83 and a twelve month high of $22.82. The stock has a fifty day simple moving average of $20.04 and a 200-day simple moving average of $19.13. The company has a current ratio of 1.20, a quick ratio of 0.93 and a debt-to-equity ratio of 0.15.

About Henkel AG & Co.

Henkel AG & Co KGaA is a Germany-based consumer and industrial products company headquartered in Düsseldorf. Founded in 1876, the company operates internationally and serves customers in manufacturing, retail and professional markets.

Henkel’s Adhesive Technologies business develops adhesives, sealants and functional coatings for industries including automotive, electronics, packaging, construction and general manufacturing. Its product portfolio includes well-known brands such as Loctite, Technomelt and Bonderite, as well as solutions for industrial assembly, maintenance and surface treatment.

Through its Consumer Brands business, Henkel offers laundry and home-care products, hair-care products and other beauty-care solutions.