Shares of Brenntag AG (OTCMKTS:BNTGY – Get Free Report) have been given a consensus rating of “Reduce” by the nine ratings firms that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation and eight have given a hold recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $12.80.
A number of research analysts have issued reports on the stock. Morgan Stanley reissued an “underweight” rating on shares of Brenntag in a research report on Friday, August 14th. Deutsche Bank Aktiengesellschaft cut shares of Brenntag from a “buy” rating to a “hold” rating in a research report on Tuesday, June 16th. Finally, DZ Bank upgraded shares of Brenntag from a “strong sell” rating to a “hold” rating in a research report on Monday, July 27th.
Check Out Our Latest Stock Report on Brenntag
Brenntag Price Performance
Brenntag (OTCMKTS:BNTGY – Get Free Report) last posted its earnings results on Wednesday, August 12th. The company reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.04. The firm had revenue of $4.96 billion for the quarter, compared to analysts’ expectations of $4.66 billion. Brenntag had a return on equity of 8.30% and a net margin of 2.41%. As a group, sell-side analysts expect that Brenntag will post 0.85 EPS for the current fiscal year.
Brenntag Company Profile
Brenntag SE is a Germany-based global distributor of chemicals and ingredients. The company connects chemical manufacturers with industrial and commercial customers, supplying a broad portfolio of basic and specialty chemicals as well as related products and services.
Its activities include sourcing, storage, blending, formulation, packaging and delivery, along with technical support and other supply-chain services. Brenntag serves customers across industries such as manufacturing, water treatment, food and nutrition, pharmaceuticals, personal care, agriculture, energy and environmental services.
Founded in 1874 in Berlin, Brenntag has expanded into an international organization serving markets across Europe, North America, Latin America and the Asia-Pacific region.
Featured Stories
- Five stocks we like better than Brenntag
- Constellation Energy’s Google Deal Shows Why Nuclear Uprates Matter for AI
- Lamb Weston’s Turnaround Is Starting to Look Real
- These 3 Stocks Got the Most Love From Analysts in September
- Record French Debt Could Create Opportunities for U.S. Market Operators
Receive News & Ratings for Brenntag Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brenntag and related companies with MarketBeat.com's FREE daily email newsletter.
