Warburg Research set a €50.00 ($58.14) price target on Brenntag (FRA:BNR) in a report released on Thursday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Several other research analysts also recently commented on the stock. Deutsche Bank reaffirmed a hold rating and issued a GBX 1,775 ($23.19) price objective on shares of in a report on Wednesday, June 26th. Independent Research set a €44.00 ($51.16) price objective on shares of Brenntag and gave the stock a neutral rating in a report on Wednesday. Kepler Capital Markets set a €112.00 ($130.23) price objective on shares of LEG Immobilien and gave the stock a buy rating in a report on Thursday, May 9th. Baader Bank set a €50.00 ($58.14) price objective on shares of Brenntag and gave the stock a buy rating in a report on Wednesday. Finally, JPMorgan Chase & Co. set a €50.00 ($58.14) price objective on shares of Brenntag and gave the stock a buy rating in a report on Tuesday, July 16th. Four equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. Brenntag currently has a consensus rating of Buy and an average target price of €52.77 ($61.36).
BNR opened at €43.60 ($50.70) on Thursday. The business has a 50 day simple moving average of €43.04. Brenntag has a 12 month low of €43.06 ($50.07) and a 12 month 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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