Brenntag (FRA:BNR) received a €60.00 ($74.07) target price from equities researchers at Warburg Research in a research report issued to clients and investors on Friday, March 16th. The firm currently has a “buy” rating on the stock. Warburg Research’s target price would indicate a potential upside of 24.71% from the stock’s previous close.
BNR has been the subject of a number of other research reports. HSBC set a €60.00 ($74.07) price target on Brenntag and gave the company a “buy” rating in a research report on Wednesday, November 22nd. UBS set a €53.00 ($65.43) target price on Brenntag and gave the stock a “neutral” rating in a report on Monday, January 8th. Commerzbank set a €59.00 ($72.84) target price on Brenntag and gave the stock a “neutral” rating in a report on Wednesday, February 21st. Goldman Sachs set a €56.00 ($69.14) price target on Brenntag and gave the stock a “neutral” rating in a research note on Tuesday, December 19th. Finally, Independent Research set a €56.00 ($69.14) price target on Brenntag and gave the stock a “neutral” rating in a research note on Tuesday, January 2nd. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eleven have given a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of €57.71 ($71.25).
Shares of FRA BNR traded down €0.12 ($0.15) during midday trading on Friday, reaching €48.11 ($59.40). The company had a trading volume of 163,223 shares. Brenntag has a one year low of €43.06 ($53.16) and a one year high of €56.25 ($69.44).
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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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