Mwb Keeps Beiersdorf at Buy Amid Early Signs of Stabilization in Q3

12:59 PM EDT, 10/27/2026 (MT Newswires) -- Mwb Research reiterated its buy rating on Beiersdorf (BEI.F), noting that the German personal care products manufacturer's third-quarter results indicate early signs of stabilization. Analysts noted "encouraging progress" in Nivea's turnaround, with the brand's organic sales decline moderating to 4.9% in the quarter, although it continues to be seen as the group's key challenge, according to a Tuesday note. "Q3 signals operational stabilisation, supported by improving NIVEA trends, premium skincare growth and confirmed guidance. Despite tesa's weakness and NIVEA's incomplete recovery, prioritising brand investment remains strategically sound," the research firm said. "NIVEA's expected return to sustainable growth in 2027, followed by margin recovery, remains the main catalyst. Subject to updated estimates and valuation, we maintain our positive stance." The stock's price target remains unchanged at 95 euros.