Brenntag AG (OTCMKTS:BNTGY) Receives Consensus Recommendation of “Reduce” from Analysts

Shares of Brenntag AG (OTCMKTS:BNTGY) have been assigned a consensus recommendation of “Reduce” from the nine research firms that are covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation and eight have issued a hold recommendation on the company. The average 1-year price objective among analysts that have covered the stock in the last year is $12.80.

A number of equities research analysts have recently issued reports on the company. UBS Group upgraded Brenntag from a “sell” rating to a “neutral” rating in a research report on Thursday, April 30th. Morgan Stanley restated an “underweight” rating on shares of Brenntag in a research report on Friday, May 15th. Finally, Jefferies Financial Group upgraded Brenntag from a “moderate sell” rating to a “hold” rating in a report on Wednesday, May 20th.

Brenntag Stock Performance

Shares of BNTGY opened at $13.09 on Monday. The stock has a market cap of $9.45 billion, a P/E ratio of 35.36 and a beta of 0.64. The stock has a 50-day moving average of $13.58 and a two-hundred day moving average of $12.40. Brenntag has a one year low of $10.19 and a one year high of $14.97.

Brenntag (OTCMKTS:BNTGY) last issued its quarterly earnings data on Wednesday, May 13th. The company reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.02). The company had revenue of $4.29 billion during the quarter, compared to analyst estimates of $4.33 billion. Brenntag had a net margin of 1.55% and a return on equity of 5.38%. Analysts predict that Brenntag will post 0.8 EPS for the current fiscal year.

Brenntag Company Profile

Brenntag SE, trading on OTCMKTS as BNTGY, is a global market leader in the distribution of chemicals and ingredients. With headquarters in Essen, Germany, the company serves a wide range of industries including coatings and construction, cleaning and water treatment, food and nutrition, pharmaceuticals and personal care, as well as oil and gas. Brenntag operates through two core segments—Essentials and Specialties—offering both standard commodity chemicals and tailored specialty solutions to customers around the world.

Its product portfolio encompasses inorganic and organic chemicals, polymers, petrochemicals and specialty ingredients.