Brenntag (FRA:BNR) Given a €56.00 Price Target by Goldman Sachs Group Analysts

Goldman Sachs Group set a €56.00 ($65.12) price objective on Brenntag (FRA:BNR) in a research report sent to investors on Wednesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

Several other equities analysts have also recently issued reports on the stock. UBS Group set a €52.50 ($61.05) target price on shares of Brenntag and gave the company a buy rating in a research note on Monday, August 5th. Jefferies Financial Group set a €49.00 ($56.98) target price on shares of Brenntag and gave the company a neutral rating in a research note on Monday, July 1st. JPMorgan Chase & Co. set a €50.00 ($58.14) target price on shares of Brenntag and gave the company a buy rating in a research note on Wednesday, August 7th. Independent Research set a €46.00 ($53.49) target price on shares of Brenntag and gave the company a neutral rating in a research note on Friday, August 9th. Finally, Baader Bank set a €50.00 ($58.14) target price on shares of Brenntag and gave the company a buy rating in a research note on Wednesday, August 7th. Four analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. Brenntag has an average rating of Buy and a consensus price target of €52.64 ($61.21).

BNR opened at €40.54 ($47.14) on Wednesday. The company’s 50-day simple moving average is €43.58 and its two-hundred day simple moving average is €44.53. 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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