Analysis: Henkel shares up - financial experts see price rise

Analysis: Henkel shares up - financial experts see price rise

According to a report by m.ariva.de, Henkel shares are currently in positive territory in German securities trading. The security rose in price by 1.16 percent, which corresponds to a price increase of 84 cents. Investors currently pay 73.04 euros for the share.

Henkel AG & Co. KGaA is a leading global manufacturer of chemical-based branded products for consumers and industry. The company's activities are divided into three divisions: “Adhesives Technologies”, “Beauty Care” and “Laundry & Home Care”.

Compared to other companies in the industry, such as Johnson & Johnson, L'Oréal, Procter & Gamble and Unilever, Henkel was able to score points with a price of 73.04 euros and a performance of 1.16 percent. Henkel's market capitalization is currently 12.7 billion euros.

According to analysts at US bank JPMorgan, Henkel's financial situation will normalize in the coming year, which could result in lower valuations for the company. Nevertheless, the rating for Henkel was left at “Neutral” with a price target of 70 euros, as positive effects are expected from prices and cost reductions.

These developments could affect both Henkel shares and the entire market for chemical-based branded products. The positive developments and analysts' forecasts could strengthen investor confidence and lead to a further increase in the share price. Competition in the industry could intensify, leading to increased innovation and expansion among companies.