Brenntag (FRA:BNR) has been given a €59.80 ($73.83) price objective by equities researchers at equinet in a report issued on Wednesday. The brokerage currently has a “buy” rating on the stock. equinet’s price objective points to a potential upside of 20.83% from the stock’s current price.
Several other research analysts have also issued reports on the stock. Kepler Capital Markets set a €64.00 ($79.01) price target on shares of Brenntag and gave the stock a “buy” rating in a research note on Wednesday. Commerzbank set a €59.00 ($72.84) price target on shares of Brenntag and gave the stock a “neutral” rating in a research note on Wednesday. Goldman Sachs Group set a €56.00 ($69.14) price target on shares of Brenntag and gave the stock a “neutral” rating in a research note on Wednesday. Berenberg Bank set a €57.00 ($70.37) price target on shares of Brenntag and gave the stock a “neutral” rating in a research note on Thursday, March 8th. Finally, Baader Bank set a €62.00 ($76.54) price target on shares of Brenntag and gave the stock a “buy” rating in a research note on Thursday, March 1st. One analyst has rated the stock with a sell rating, seven have issued a hold rating and eleven have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of €57.93 ($71.52).
Shares of Brenntag (BNR) traded down €3.19 ($3.94) during trading on Wednesday, hitting €49.49 ($61.10). 800 shares of the company traded hands. The company has a market cap of $7,530.00 and a price-to-earnings ratio of 19.11. Brenntag has a 52 week low of €43.06 ($53.16) and a 52 week high of €56.25 ($69.44).
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Brenntag Company Profile
Brenntag AG, a chemical distribution company, provides distribution solutions for industrial and specialty chemicals worldwide. The company also provides value added services. It serves customers in various end-market industries, such as adhesives, paints, oil and gas, food, water treatment, personal care, and pharmaceuticals.
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