JPMorgan Chase & Co. set a €50.00 ($58.14) price objective on Brenntag (FRA:BNR) in a research report released on Thursday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
BNR has been the subject of a number of other research reports. Nord/LB set a €47.00 ($54.65) price target on shares of Brenntag and gave the stock a neutral rating in a report on Tuesday, March 12th. Baader Bank set a €50.00 ($58.14) price target on shares of Brenntag and gave the stock a buy rating in a report on Wednesday, March 6th. Credit Suisse Group set a €52.00 ($60.47) target price on shares of Brenntag and gave the company a buy rating in a report on Tuesday, February 5th. Kepler Capital Markets set a €56.00 ($65.12) target price on shares of Brenntag and gave the company a buy rating in a report on Thursday, May 9th. Finally, Deutsche Bank set a €52.00 ($60.47) target price on shares of Brenntag and gave the company a buy rating in a report on Thursday, March 7th. Four investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. The stock has an average rating of Buy and an average target price of €53.52 ($62.23).
Shares of FRA BNR opened at €45.25 ($52.62) on Thursday. Brenntag has a twelve month low of €43.06 ($50.07) and a twelve month high of €56.25 ($65.41).
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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