Brenntag AG (OTCMKTS:BNTGY) Stock Has Average Target Price of $12.80 According to Analysts

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.

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Brenntag Price Performance

BNTGY opened at $13.61 on Friday. Brenntag has a one year low of $10.19 and a one year high of $14.97. The business has a 50 day simple moving average of $14.00 and a two-hundred day simple moving average of $13.52. The firm has a market capitalization of $9.83 billion, a price-to-earnings ratio of 23.07 and a beta of 0.62.

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

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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.

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