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

Shares of Brenntag AG (OTCMKTS:BNTGYGet Free Report) have been given an average recommendation of “Reduce” by the eight analysts that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating and seven have assigned a hold rating to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $12.80.

A number of analysts have recently weighed in on BNTGY shares. Jefferies Financial Group upgraded shares of Brenntag from a “moderate sell” rating to a “hold” rating in a research note on Wednesday, May 20th. Deutsche Bank Aktiengesellschaft downgraded shares of Brenntag from a “buy” rating to a “hold” rating in a research report on Tuesday, June 16th. UBS Group raised shares of Brenntag from a “sell” rating to a “neutral” rating in a report on Thursday, April 30th. Finally, Morgan Stanley reaffirmed an “underweight” rating on shares of Brenntag in a research report on Friday, May 15th.

Check Out Our Latest Stock Report on BNTGY

Brenntag Stock Down 2.8%

Shares of OTCMKTS BNTGY opened at $13.21 on Tuesday. Brenntag has a 52 week low of $10.19 and a 52 week high of $14.97. The business’s 50 day moving average price is $13.06 and its 200 day moving average price is $12.76. The firm has a market cap of $9.54 billion, a P/E ratio of 35.70 and a beta of 0.65.

Brenntag (OTCMKTS:BNTGYGet Free Report) last posted its quarterly earnings results on Wednesday, May 13th. The company reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.02). Brenntag had a return on equity of 5.28% and a net margin of 1.55%.The business had revenue of $4.29 billion for the quarter, compared to analysts’ expectations of $4.33 billion. As a group, research analysts expect that Brenntag will post 0.8 earnings per share for the current year.

Brenntag Company Profile

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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.

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Analyst Recommendations for Brenntag (OTCMKTS:BNTGY)

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