Brenntag AG (FRA:BNR) has been given a €50.00 ($58.82) target price by equities researchers at Nord/LB in a report issued on Wednesday. The firm currently has a “neutral” rating on the stock. Nord/LB’s target price suggests a potential downside of 3.12% from the company’s current price.
Other equities research analysts also recently issued research reports about the company. Credit Suisse Group set a €47.50 ($55.88) price objective on Brenntag AG and gave the company a “neutral” rating in a research report on Friday, August 11th. Goldman Sachs Group, Inc. (The) set a €52.00 ($61.18) price objective on Brenntag AG and gave the company a “neutral” rating in a research report on Thursday, August 17th. Kepler Capital Markets set a €59.00 ($69.41) price objective on Brenntag AG and gave the company a “buy” rating in a research report on Wednesday, August 2nd. Deutsche Bank AG set a €56.00 ($65.88) price objective on Brenntag AG and gave the company a “buy” rating in a research report on Thursday, November 9th. Finally, Warburg Research set a €52.00 ($61.18) price objective on Brenntag AG and gave the company a “buy” rating in a research report on Monday, August 14th. Eight equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of €54.41 ($64.01).
Brenntag AG (FRA:BNR) traded down €0.64 ($0.75) during trading on Wednesday, reaching €51.61 ($60.72). The company’s stock had a trading volume of 162,148 shares. Brenntag AG has a one year low of €43.06 ($50.66) and a one year high of €56.25 ($66.18).
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About Brenntag AG
Brenntag AG, a chemical distribution company, provides distribution solutions for industrial and specialty chemicals worldwide. 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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