Credit Suisse Group Reiterates “€47.50” Price Target for Brenntag AG (BNR)
Brenntag AG (FRA:BNR) has been given a €47.50 ($55.88) target price by equities research analysts at Credit Suisse Group in a research note issued on Friday. The firm presently has a “neutral” rating on the stock.
A number of other research analysts have also recently issued reports on the stock. Berenberg Bank set a €56.00 ($65.88) price target on shares of Brenntag AG and gave the stock a “neutral” rating in a report on Thursday, July 6th. Commerzbank Ag set a €48.00 ($56.47) price target on shares of Brenntag AG and gave the stock a “sell” rating in a report on Saturday, May 20th. HSBC Holdings plc set a €58.50 ($68.82) price target on shares of Brenntag AG and gave the stock a “buy” rating in a report on Monday, July 10th. Nord/LB set a €51.00 ($60.00) price target on shares of Brenntag AG and gave the stock a “neutral” rating in a report on Tuesday, May 30th. Finally, Deutsche Bank AG set a €57.00 ($67.06) price target on shares of Brenntag AG and gave the stock a “buy” rating in a report on Wednesday, July 12th. Ten analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of €54.43 ($64.03).
Shares of Brenntag AG (BNR) traded up 0.471% during midday trading on Friday, reaching €45.184. 1,610 shares of the company’s stock were exchanged. Brenntag AG has a one year low of €44.09 and a one year high of €56.25. The stock’s 50-day moving average is €49.23 and its 200 day moving average is €52.32. The firm has a market cap of €6.98 billion and a PE ratio of 17.712.
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