Brenntag AG (OTCMKTS:BNTGY) Receives $12.80 Consensus Price Target from Analysts

Shares of Brenntag AG (OTCMKTS:BNTGY) have been assigned a consensus rating of “Reduce” from the nine ratings firms that are presently covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a sell rating and six have assigned a hold rating to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $12.80.

A number of equities research analysts have weighed in on the stock. Morgan Stanley downgraded shares of Brenntag from an “equal weight” rating to an “underweight” rating in a research note on Tuesday, January 6th. Barclays upgraded shares of Brenntag to a “hold” rating in a research note on Thursday, January 15th.

Brenntag Price Performance

BNTGY opened at $13.85 on Friday. Brenntag has a fifty-two week low of $10.19 and a fifty-two week high of $14.16. The firm’s fifty day moving average price is $12.53 and its two-hundred day moving average price is $11.90. The company has a market capitalization of $10.00 billion, a P/E ratio of 33.78 and a beta of 0.66.

Brenntag (OTCMKTS:BNTGY) last posted its quarterly earnings results on Thursday, March 12th. The company reported ($0.04) earnings per share for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.28). Brenntag had a return on equity of 5.89% and a net margin of 1.71%.The business had revenue of $4.09 billion for the quarter, compared to analyst estimates of $4.22 billion. On average, equities research analysts expect that Brenntag will post 0.9 EPS for the current fiscal 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.