Brenntag AG (OTCMKTS:BNTGY) Given Consensus Rating of “Reduce” by Analysts

Shares of Brenntag AG (OTCMKTS:BNTGY) have earned a consensus rating of “Reduce” from the nine ratings firms that are covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell rating and eight have assigned a hold rating to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $12.80.

BNTGY has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft downgraded Brenntag from a “buy” rating to a “hold” rating in a research report on Tuesday, June 16th. Jefferies Financial Group raised shares of Brenntag from a “moderate sell” rating to a “hold” rating in a research note on Wednesday, May 20th. Morgan Stanley reaffirmed an “underweight” rating on shares of Brenntag in a research note on Friday, May 15th. Finally, UBS Group upgraded Brenntag from a “sell” rating to a “neutral” rating in a report on Thursday, April 30th.

Brenntag Stock Performance

Shares of BNTGY stock opened at $12.38 on Friday. The stock has a fifty day moving average price of $13.51 and a 200 day moving average price of $12.60. The stock has a market cap of $8.94 billion, a PE ratio of 33.46 and a beta of 0.64. Brenntag has a 1 year low of $10.19 and a 1 year high of $14.97.

Brenntag (OTCMKTS:BNTGY) last issued its quarterly earnings data on Wednesday, May 13th. The company reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.02). The business 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 5.28%. As a group, equities research analysts predict that Brenntag will post 0.8 earnings per share for the current year.

About Brenntag

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.