Independent Research set a €56.00 ($66.67) target price on Brenntag (FRA:BNR) in a research note released on Wednesday, December 27th. The brokerage currently has a neutral rating on the stock.
A number of other brokerages also recently issued reports on BNR. equinet set a €53.00 ($63.10) price target on Brenntag and gave the company a buy rating in a report on Wednesday, September 6th. Credit Suisse Group set a €45.00 ($53.57) price target on Brenntag and gave the company a neutral rating in a report on Thursday, September 7th. Goldman Sachs Group set a €54.00 ($64.29) target price on Brenntag and gave the stock a neutral rating in a research note on Friday, September 15th. Jefferies Group set a €56.00 ($66.67) target price on Brenntag and gave the stock a buy rating in a research note on Wednesday, September 20th. Finally, Baader Bank set a €56.00 ($66.67) target price on Brenntag and gave the stock a buy rating in a research note on Tuesday, September 26th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and ten have given a buy rating to the company’s stock. The stock currently has an average rating of Buy and an average target price of €56.50 ($67.26).
Shares of Brenntag (FRA BNR) traded up €0.96 ($1.14) during mid-day trading on Wednesday, hitting €53.08 ($63.19). The company had a trading volume of 385 shares. The company has a market cap of $8,450.00 and a price-to-earnings ratio of 20.49. Brenntag has a 52-week low of €43.06 ($51.26) and a 52-week high of €56.25 ($66.96).
WARNING: This article was posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this article on another website, it was copied illegally and reposted in violation of U.S. & international trademark and copyright legislation. The original version of this article can be accessed at https://www.dispatchtribunal.com/2018/01/13/independent-research-reiterates-56-00-price-target-for-brenntag-bnr.html.
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.
Receive News & Ratings for Brenntag Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brenntag and related companies with MarketBeat.com's FREE daily email newsletter.