Brenntag AG (BNR) Given a €56.00 Price Target at Jefferies Group LLC

Brenntag AG (FRA:BNR) has been assigned a €56.00 ($66.67) target price by investment analysts at Jefferies Group LLC in a research note issued to investors on Wednesday. The brokerage presently has a “buy” rating on the stock.

Other equities research analysts have also recently issued research reports about the company. Citigroup Inc. set a €65.00 ($77.38) price objective on Brenntag AG and gave the stock a “buy” rating in a research note on Thursday, May 25th. Deutsche Bank AG set a €57.00 ($67.86) price objective on Brenntag AG and gave the stock a “buy” rating in a research note on Wednesday, July 12th. HSBC Holdings plc set a €58.50 ($69.64) price objective on Brenntag AG and gave the stock a “buy” rating in a research note on Monday, July 10th. Kepler Capital Markets set a €59.00 ($70.24) price objective on Brenntag AG and gave the stock a “buy” rating in a research note on Wednesday, August 2nd. Finally, J P Morgan Chase & Co set a €54.49 ($64.87) price objective on Brenntag AG and gave the stock a “buy” rating in a research note on Thursday, August 10th. Nine equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Brenntag AG has an average rating of “Hold” and a consensus price target of €53.97 ($64.25).

Brenntag AG (BNR) opened at 45.059 on Wednesday. The firm has a market cap of €6.96 billion and a P/E ratio of 17.663. Brenntag AG has a one year low of €43.06 and a one year high of €56.25. The firm’s 50-day moving average price is €45.82 and its 200 day moving average price is €50.53.

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