HSBC Reiterates “€60.00” Price Target for Brenntag (BNR)

HSBC set a €60.00 ($71.43) price target on Brenntag (FRA:BNR) in a research note issued to investors on Wednesday. The brokerage currently has a buy rating on the stock.

Other equities research analysts have also recently issued research reports about the company. Citigroup set a €60.00 ($71.43) target price on Brenntag and gave the stock a buy rating in a research note on Friday, November 3rd. equinet set a €53.00 ($63.10) target price on Brenntag and gave the stock a buy rating in a research note on Friday, November 3rd. Baader Bank set a €56.00 ($66.67) target price on Brenntag and gave the stock a buy rating in a research note on Monday, October 2nd. Jefferies Group set a €56.00 ($66.67) target price on Brenntag and gave the stock a buy rating in a research note on Wednesday, September 20th. Finally, JPMorgan Chase & Co. set a €54.49 ($64.87) target price on Brenntag and gave the stock a buy rating in a research note on Wednesday, November 8th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and ten have given a buy rating to the stock. Brenntag currently has an average rating of Buy and an average price target of €56.50 ($67.26).

Shares of Brenntag (FRA:BNR) opened at €53.08 ($63.19) on Wednesday. The stock has a market capitalization of $8,450.00 and a price-to-earnings ratio of 20.49. Brenntag has a one year low of €43.06 ($51.26) and a one year high of €56.25 ($66.96).

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Brenntag Company Profile

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.

Analyst Recommendations for Brenntag (FRA:BNR)

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