Independent Research GmbH Analysts Give Brenntag AG (BNR) a €53.00 Price Target

Independent Research GmbH set a €53.00 ($61.63) price target on Brenntag AG (FRA:BNR) in a research note released on Thursday morning. The firm currently has a neutral rating on the stock.

Several other brokerages also recently weighed in on BNR. J P Morgan Chase & Co set a €54.49 ($63.36) price objective on shares of Brenntag AG and gave the company a buy rating in a research report on Wednesday. Credit Suisse Group set a €45.00 ($52.33) price objective on shares of Brenntag AG and gave the company a neutral rating in a research report on Thursday, September 7th. Commerzbank Ag set a €48.00 ($55.81) price objective on shares of Brenntag AG and gave the company a neutral rating in a research report on Wednesday. Kepler Capital Markets set a €57.00 ($66.28) price objective on shares of Brenntag AG and gave the company a buy rating in a research report on Wednesday. Finally, Goldman Sachs Group, Inc. (The) set a €54.00 ($62.79) price objective on shares of Brenntag AG and gave the company a neutral rating in a research report on Thursday. Eight equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The company currently has an average rating of Buy and a consensus price target of €53.19 ($61.85).

Shares of Brenntag AG (FRA:BNR) opened at €52.19 ($60.69) on Thursday. Brenntag AG has a 52-week low of €43.06 ($50.07) and a 52-week high of €56.25 ($65.41).

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About Brenntag AG

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.

Analyst Recommendations for Brenntag AG (FRA:BNR)

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