Brenntag (BNR) PT Set at €50.00 by Baader Bank

Brenntag (FRA:BNR) received a €50.00 ($58.14) price objective from investment analysts at Baader Bank in a note issued to investors on Thursday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock. Baader Bank’s price target indicates a potential upside of 10.38% from the company’s previous close.

Several other equities analysts have also issued reports on BNR. JPMorgan Chase & Co. set a €50.00 ($58.14) price target on Brenntag and gave the company a “buy” rating in a research note on Thursday, January 10th. Goldman Sachs Group set a €55.00 ($63.95) price target on Brenntag and gave the company a “buy” rating in a research note on Monday, January 21st. Deutsche Bank set a €49.00 ($56.98) price target on Brenntag and gave the company a “buy” rating in a research note on Wednesday, January 23rd. Nord/LB set a €43.00 ($50.00) price target on Brenntag and gave the company a “neutral” rating in a research note on Thursday, January 24th. Finally, UBS Group set a €52.50 ($61.05) price target on Brenntag and gave the company a “buy” rating in a research note on Monday, February 4th. Four research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. Brenntag has an average rating of “Buy” and an average price target of €53.64 ($62.38).

Shares of BNR opened at €45.30 ($52.67) on Thursday. Brenntag has a 52-week low of €43.06 ($50.07) and a 52-week high of €56.25 ($65.41).

Brenntag Company Profile

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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