Brenntag (FRA:BNR) has been given a €59.00 ($72.84) target price by equities research analysts at Commerzbank in a report issued on Wednesday. The firm currently has a “neutral” rating on the stock. Commerzbank’s price target would indicate a potential upside of 17.72% from the stock’s previous close.
Several other research analysts also recently commented on BNR. Jefferies Group set a €60.00 ($74.07) target price on Brenntag and gave the stock a “buy” rating in a research note on Tuesday, November 14th. HSBC set a €60.00 ($74.07) target price on Brenntag and gave the stock a “buy” rating in a research note on Wednesday, November 22nd. Nord/LB set a €50.00 ($61.73) target price on Brenntag and gave the stock a “neutral” rating in a research note on Wednesday, November 22nd. Goldman Sachs Group set a €56.00 ($69.14) target price on Brenntag and gave the stock a “neutral” rating in a research note on Monday, November 27th. Finally, Kepler Capital Markets set a €57.00 ($70.37) price target on Brenntag and gave the company a “buy” rating in a research note on Tuesday, November 28th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and eleven have given a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of €57.55 ($71.05).
Brenntag (BNR) opened at €50.12 ($61.88) on Wednesday. Brenntag has a one year low of €43.06 ($53.16) and a one year high of €56.25 ($69.44). The company has a market capitalization of $8,080.00 and a P/E ratio of 19.35.
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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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