Brenntag (FRA:BNR) has been given a €59.80 ($73.83) price target by equities research analysts at equinet in a report released on Wednesday. The firm currently has a “buy” rating on the stock. equinet’s price target indicates a potential upside of 21.30% from the stock’s previous close.
A number of other equities analysts have also recently weighed in on BNR. Kepler Capital Markets set a €64.00 ($79.01) price target on Brenntag and gave the stock a “buy” rating in a report on Wednesday. Hauck & Aufhaeuser set a €62.50 ($77.16) price target on Brenntag and gave the stock a “buy” rating in a report on Thursday, February 8th. Goldman Sachs Group set a €56.00 ($69.14) price target on Brenntag and gave the stock a “neutral” rating in a report on Wednesday. Commerzbank set a €57.00 ($70.37) price target on Brenntag and gave the stock a “neutral” rating in a report on Tuesday, November 14th. Finally, Berenberg Bank set a €57.00 ($70.37) price target on Brenntag and gave the stock a “neutral” rating in a report on Thursday, March 8th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and eleven have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of €57.93 ($71.52).
Brenntag (FRA:BNR) traded down €2.60 ($3.21) during midday trading on Wednesday, reaching €49.30 ($60.86). The company had a trading volume of 819,325 shares. The firm has a market cap of $7,530.00 and a PE ratio of 19.03. Brenntag has a 12 month low of €43.06 ($53.16) and a 12 month high of €56.25 ($69.44).
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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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