Brenntag (OTCMKTS:BNTGY) Upgraded to Hold at DZ Bank

DZ Bank upgraded shares of Brenntag (OTCMKTS:BNTGYFree Report) from a strong sell rating to a hold rating in a report published on Monday,Zacks.com reports.

A number of other brokerages have also commented on BNTGY. Morgan Stanley reaffirmed an “underweight” rating on shares of Brenntag in a research report on Friday, May 15th. Deutsche Bank Aktiengesellschaft lowered Brenntag from a “buy” rating to a “hold” rating in a report on Tuesday, June 16th. Jefferies Financial Group raised Brenntag from a “moderate sell” rating to a “hold” rating in a research note on Wednesday, May 20th. Finally, UBS Group upgraded Brenntag from a “sell” rating to a “neutral” rating in a report on Thursday, April 30th. Eight analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Brenntag has a consensus rating of “Reduce” and an average price target of $12.80.

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Brenntag Stock Up 2.5%

Shares of Brenntag stock opened at $13.78 on Monday. The stock has a market cap of $9.95 billion, a price-to-earnings ratio of 37.25 and a beta of 0.65. Brenntag has a twelve month low of $10.19 and a twelve month high of $14.97. The company’s fifty day moving average is $12.95 and its 200 day moving average is $12.84.

Brenntag (OTCMKTS:BNTGYGet Free Report) last announced its earnings results 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 for the quarter, compared to the consensus estimate of $4.33 billion. Brenntag had a return on equity of 5.28% and a net margin of 1.55%. As a group, equities analysts anticipate that Brenntag will post 0.8 earnings per share for the current fiscal 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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