UBS Group set a €60.00 ($69.77) price target on Brenntag (FRA:BNR) in a report released on Monday, www.boersen-zeitung.de reports. The brokerage currently has a buy rating on the stock.
A number of other analysts have also commented on the company. Commerzbank set a €61.00 ($70.93) target price on Brenntag and gave the company a buy rating in a research report on Wednesday, July 18th. Hauck & Aufhaeuser set a €62.00 ($72.09) target price on Brenntag and gave the company a buy rating in a research report on Tuesday, July 24th. Nord/LB set a €53.00 ($61.63) target price on Brenntag and gave the company a neutral rating in a research report on Tuesday, August 28th. Independent Research set a €55.00 ($63.95) target price on Brenntag and gave the company a neutral rating in a research report on Wednesday, August 8th. Finally, Kepler Capital Markets set a €63.00 ($73.26) target price on Brenntag and gave the company a buy rating in a research report on Wednesday, August 8th. One analyst has rated the stock with a sell rating, four have issued a hold rating and twelve have given a buy rating to the stock. Brenntag presently has a consensus rating of Buy and a consensus price target of €58.13 ($67.60).
Shares of FRA:BNR opened at €52.00 ($60.47) on Monday. Brenntag has a 1 year low of €43.06 ($50.07) and a 1 year high of €56.25 ($65.41).
Brenntag Company Profile
Brenntag AG, a chemical distribution company, purchases and supplies industrial and specialty chemicals in Europe, the Middle East, Africa, North America, Latin America, the Asia Pacific, and internationally. The company also provides value added services. It serves customers in various end-market industries, such as adhesives, paints, oil and gas, food, water treatment, personal care, and pharmaceuticals.
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