Warburg Research Reiterates “€63.00” Price Target for Brenntag (FRA:BNR)

Brenntag (FRA:BNR) has been assigned a €63.00 ($75.00) price target by equities researchers at Warburg Research in a research report issued on Wednesday, December 20th. The firm presently has a “buy” rating on the stock. Warburg Research’s price target indicates a potential upside of 17.27% from the company’s current price.

A number of other equities research analysts have also recently commented on the stock. Nord/LB set a €50.00 ($59.52) price target on shares of Brenntag and gave the stock a “neutral” rating in a report on Wednesday, November 22nd. Berenberg Bank set a €53.00 ($63.10) price target on shares of Brenntag and gave the stock a “neutral” rating in a report on Monday, December 4th. Jefferies Group set a €60.00 ($71.43) price target on shares of Brenntag and gave the stock a “buy” rating in a report on Tuesday, November 14th. HSBC set a €60.00 ($71.43) price target on shares of Brenntag and gave the stock a “buy” rating in a report on Wednesday, November 22nd. Finally, Deutsche Bank set a €57.50 ($68.45) price target on shares of Brenntag and gave the stock a “buy” rating in a report on Tuesday, December 19th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and ten have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of €56.50 ($67.26).

Brenntag (FRA:BNR) traded down €0.20 ($0.24) during trading on Wednesday, reaching €53.72 ($63.95). 301,412 shares of the company’s stock traded hands. The company has a market capitalization of $7,910.00 and a P/E ratio of 20.74. Brenntag has a 1-year low of €43.06 ($51.26) and a 1-year 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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