Brenntag (FRA:BNR) received a €60.00 ($71.43) price target from research analysts at HSBC in a report released on Wednesday, January 10th. The firm currently has a “buy” rating on the stock. HSBC’s target price would suggest a potential upside of 11.03% from the stock’s current price.
Other equities analysts have also issued research reports about the company. Warburg Research set a €63.00 ($75.00) price target on Brenntag and gave the company a “buy” rating in a research note on Wednesday, December 20th. Nord/LB set a €50.00 ($59.52) price target on Brenntag and gave the company a “neutral” rating in a research note on Wednesday, November 22nd. Berenberg Bank set a €53.00 ($63.10) price target on Brenntag and gave the company a “neutral” rating in a research note on Monday, December 4th. Deutsche Bank set a €57.50 ($68.45) price target on Brenntag and gave the company a “buy” rating in a research note on Tuesday, December 19th. Finally, Jefferies Group set a €60.00 ($71.43) price target on Brenntag and gave the company a “buy” rating in a research note on Tuesday, November 14th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and ten have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of €56.50 ($67.26).
Shares of Brenntag (BNR) opened at €54.16 ($64.48) on Wednesday. The firm has a market cap of $8,340.00 and a PE ratio of 20.91. Brenntag has a 52-week low of €43.06 ($51.26) and a 52-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.
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