Baader Bank set a €62.00 ($76.54) price objective on Brenntag (FRA:BNR) in a report issued on Friday. The firm currently has a buy rating on the stock.
A number of other brokerages have also issued reports on BNR. JPMorgan Chase & Co. set a €54.49 ($67.27) price target on shares of Brenntag and gave the stock a buy rating in a research note on Wednesday, November 8th. Goldman Sachs Group set a €56.00 ($69.14) price target on shares of Brenntag and gave the stock a neutral rating in a research note on Monday, November 27th. Commerzbank set a €48.00 ($59.26) price target on shares of Brenntag and gave the stock a neutral rating in a research note on Wednesday, November 8th. Kepler Capital Markets set a €57.00 ($70.37) price target on shares of Brenntag and gave the stock a buy rating in a research note on Wednesday, November 8th. Finally, Citigroup set a €60.00 ($74.07) price target on shares of Brenntag and gave the stock a buy rating in a research note on Friday, November 3rd. One analyst has rated the stock with a sell rating, seven have given a hold rating and ten have given a buy rating to the company. Brenntag presently has a consensus rating of Buy and a consensus price target of €56.91 ($70.26).
Shares of Brenntag (FRA BNR) opened at €51.40 ($63.46) on Friday. Brenntag has a fifty-two week low of €43.06 ($53.16) and a fifty-two week high of €56.25 ($69.44). The company has a market cap of $8,020.00 and a P/E ratio of 19.85.
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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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