Brenntag AG (OTCMKTS:BNTGY – Get Free Report) shares gapped up prior to trading on Monday . The stock had previously closed at $11.1150, but opened at $11.98. Brenntag shares last traded at $12.01, with a volume of 2,109 shares.
Wall Street Analyst Weigh In
BNTGY has been the topic of a number of research analyst reports. Barclays upgraded Brenntag to a “hold” rating in a report on Thursday, January 15th. Morgan Stanley lowered Brenntag from an “equal weight” rating to an “underweight” rating in a research report on Tuesday, January 6th. Six analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Reduce” and an average price target of $12.80.
Get Our Latest Analysis on Brenntag
Brenntag Stock Performance
Brenntag (OTCMKTS:BNTGY – Get Free Report) last announced its quarterly earnings data on Thursday, March 12th. The company reported ($0.04) earnings per share for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.28). Brenntag had a return on equity of 5.88% and a net margin of 1.71%.The business had revenue of $4.09 billion during the quarter, compared to analysts’ expectations of $4.22 billion. Analysts expect that Brenntag AG will post 0.9 EPS for the current year.
Brenntag Company Profile
Brenntag SE, trading on OTCMKTS as BNTGY, is a global market leader in the distribution of chemicals and ingredients. With headquarters in Essen, Germany, the company serves a wide range of industries including coatings and construction, cleaning and water treatment, food and nutrition, pharmaceuticals and personal care, as well as oil and gas. Brenntag operates through two core segments—Essentials and Specialties—offering both standard commodity chemicals and tailored specialty solutions to customers around the world.
Its product portfolio encompasses inorganic and organic chemicals, polymers, petrochemicals and specialty ingredients.
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