Brenntag (BNR) Given a €60.00 Price Target by Berenberg Bank Analysts

Berenberg Bank set a €60.00 ($69.77) target price on Brenntag (FRA:BNR) in a research note published on Thursday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

A number of other research firms have also recently issued reports on BNR. Deutsche Bank set a €49.00 ($56.98) price objective on shares of Brenntag and gave the company a buy rating in a research report on Wednesday, January 23rd. Jefferies Financial Group set a €51.00 ($59.30) price target on shares of Brenntag and gave the company a neutral rating in a research report on Thursday, March 14th. Goldman Sachs Group set a €55.00 ($63.95) price target on shares of Brenntag and gave the company a buy rating in a research report on Monday, January 21st. Baader Bank set a €50.00 ($58.14) price target on shares of Brenntag and gave the company a buy rating in a research report on Thursday, April 11th. Finally, JPMorgan Chase & Co. set a €50.00 ($58.14) price target on shares of Brenntag and gave the company a buy rating in a research report on Thursday, January 10th. Four research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. The company has a consensus rating of Buy and an average price target of €53.64 ($62.38).

Shares of BNR stock traded up €0.36 ($0.42) during mid-day trading on Thursday, reaching €45.00 ($52.33). The stock had a trading volume of 961,333 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.

See Also: Put Option

Analyst Recommendations for Brenntag (FRA:BNR)

Receive News & Ratings for Brenntag Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brenntag and related companies with MarketBeat.com's FREE daily email newsletter.