Baader Bank Analysts Give Brenntag (BNR) a €62.00 Price Target
Brenntag (FRA:BNR) has been assigned a €62.00 ($73.81) target price by research analysts at Baader Bank in a note issued to investors on Tuesday. The firm presently has a “buy” rating on the stock. Baader Bank’s target price would indicate a potential upside of 15.54% from the company’s current price.
A number of other brokerages have also weighed in on BNR. J P Morgan Chase & Co set a €54.49 ($64.87) price objective on Brenntag and gave the stock a “buy” rating in a research report on Wednesday, November 8th. Goldman Sachs Group set a €56.00 ($66.67) price target on Brenntag and gave the company a “neutral” rating in a research report on Monday, November 27th. Credit Suisse Group set a €45.00 ($53.57) price target on Brenntag and gave the company a “neutral” rating in a research report on Thursday, September 7th. Commerzbank set a €48.00 ($57.14) price target on Brenntag and gave the company a “neutral” rating in a research report on Wednesday, November 8th. Finally, Kepler Capital Markets set a €57.00 ($67.86) price target on Brenntag and gave the company a “buy” rating in a research report on Wednesday, November 8th. Eight analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of €55.12 ($65.62).
Shares of Brenntag (BNR) opened at €53.66 ($63.88) on Tuesday. Brenntag has a 52-week low of €43.06 ($51.26) and a 52-week high of €56.25 ($66.96).
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Brenntag AG, a chemical distribution company, provides distribution solutions for industrial and specialty chemicals worldwide. 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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