Brenntag AG (BNR) Receives Consensus Rating of “Buy” from Analysts

Shares of Brenntag AG (FRA:BNR) have been given an average rating of “Buy” by the eighteen brokerages that are covering the stock, MarketBeat.com reports. Eight investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is €54.76 ($65.20).

Several equities research analysts have recently commented on the stock. Deutsche Bank set a €50.00 ($59.52) price target on shares of Brenntag and gave the company a “buy” rating in a report on Thursday, August 10th. J P Morgan Chase & Co set a €54.49 ($64.87) price target on shares of Brenntag and gave the company a “buy” rating in a report on Thursday, August 10th. Independent Research set a €51.00 ($60.71) price target on shares of Brenntag and gave the company a “neutral” rating in a report on Thursday, August 10th. Kepler Capital Markets set a €57.00 ($67.86) price objective on shares of Brenntag and gave the stock a “buy” rating in a research note on Wednesday, November 8th. Finally, Goldman Sachs Group set a €56.00 ($66.67) price objective on shares of Brenntag and gave the stock a “neutral” rating in a research note on Monday, November 27th.

Shares of Brenntag (FRA:BNR) opened at €53.70 ($63.93) on Friday. Brenntag has a fifty-two week low of €43.06 ($51.26) and a fifty-two week high of €56.25 ($66.96).

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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.

Analyst Recommendations for Brenntag (FRA:BNR)

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