Brenntag AG, Muehleim/Ruhr (OTCMKTS:BNTGY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued to investors on Monday. The brokerage currently has a $15.00 price objective on the stock. Zacks Investment Research‘s target price would suggest a potential upside of 11.77% from the company’s current price.
According to Zacks, “Brenntag AG engages in the production and distribution of chemicals. It operates through the North America, Latin America, EMEA and Asia Pacific segments. Brenntag AG is headquartered in Mülheim an der Ruhr, Germany. “
Separately, DZ Bank reaffirmed a “neutral” rating on shares of Brenntag AG, Muehleim/Ruhr in a research report on Wednesday, November 8th.
Brenntag AG, Muehleim/Ruhr (OTCMKTS:BNTGY) last posted its quarterly earnings results on Tuesday, November 7th. The company reported $0.15 earnings per share for the quarter. Brenntag AG, Muehleim/Ruhr had a return on equity of 13.46% and a net margin of 3.49%. sell-side analysts predict that Brenntag AG, Muehleim/Ruhr will post 0.59 earnings per share for the current fiscal year.
Brenntag AG, Muehleim/Ruhr Company Profile
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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