Other research analysts also recently issued reports about the stock. Citigroup set a €60.00 ($71.43) price target on shares of Brenntag and gave the stock a buy rating in a research report on Friday, November 3rd. equinet set a €53.00 ($63.10) price target on shares of Brenntag and gave the stock a buy rating in a research report on Friday, November 3rd. Baader Bank set a €56.00 ($66.67) price target on shares of Brenntag and gave the stock a buy rating in a research report on Monday, October 2nd. Jefferies Group set a €56.00 ($66.67) price target on shares of Brenntag and gave the stock a buy rating in a research report on Wednesday, September 20th. Finally, JPMorgan Chase & Co. set a €54.49 ($64.87) price objective on shares of Brenntag and gave the stock a buy rating in a research note on Wednesday, November 8th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and ten have issued a buy rating to the company. The company presently has a consensus rating of Buy and an average target price of €56.50 ($67.26).
Shares of Brenntag (BNR) traded down €0.56 ($0.67) during midday trading on Wednesday, hitting €53.16 ($63.29). 200,588 shares of the company traded hands. Brenntag has a one year low of €43.06 ($51.26) and a one year high of €56.25 ($66.96). The stock has a market capitalization of $8,570.00 and a PE ratio of 20.53.
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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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