Brenntag AG (BNR) Receives Average Recommendation of “Buy” from Brokerages

Brenntag AG (FRA:BNR) has been given a consensus rating of “Buy” by the eighteen brokerages that are presently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and thirteen have assigned a buy rating to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is €58.46 ($67.98).

Several research analysts have issued reports on BNR shares. BNP Paribas set a €64.00 ($74.42) price target on Brenntag and gave the company a “buy” rating in a report on Tuesday, October 2nd. Berenberg Bank set a €57.00 ($66.28) price target on Brenntag and gave the company a “neutral” rating in a report on Monday, September 3rd. UBS Group set a €60.00 ($69.77) price target on Brenntag and gave the company a “buy” rating in a report on Tuesday, October 9th. Nord/LB set a €53.00 ($61.63) price target on Brenntag and gave the company a “neutral” rating in a report on Tuesday, August 28th. Finally, Commerzbank set a €61.00 ($70.93) price target on Brenntag and gave the company a “buy” rating in a report on Wednesday, August 8th.

Shares of FRA BNR traded up €0.23 ($0.27) during trading on Monday, hitting €46.78 ($54.40). The company had a trading volume of 434,573 shares. Brenntag has a 52 week low of €43.06 ($50.07) and a 52 week high of €56.25 ($65.41).

About Brenntag

Brenntag AG, a chemical distribution company, purchases and supplies industrial and specialty chemicals in Europe, the Middle East, Africa, North America, Latin America, the Asia Pacific, and internationally. 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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Analyst Recommendations for Brenntag (FRA:BNR)

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