Deutsche Bank Analysts Give Brenntag (FRA:BNR) a €50.00 Price Target

Brenntag (FRA:BNR) received a €50.00 ($58.14) target price from research analysts at Deutsche Bank in a note issued to investors on Thursday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. Deutsche Bank’s price target points to a potential upside of 3.18% from the stock’s current price.

Other equities research analysts also recently issued research reports about the stock. Nord/LB set a €45.00 ($52.33) target price on shares of Brenntag and gave the company a “neutral” rating in a research note on Friday, October 4th. Berenberg Bank set a €60.00 ($69.77) target price on shares of Brenntag and gave the company a “buy” rating in a research note on Monday, August 12th. UBS Group set a €52.50 ($61.05) target price on shares of Brenntag and gave the company a “buy” rating in a research note on Wednesday. Bankhaus Lampe set a €54.00 ($62.79) target price on shares of Brenntag and gave the company a “buy” rating in a research note on Wednesday. Finally, Independent Research set a €46.00 ($53.49) target price on shares of Brenntag and gave the company a “neutral” rating in a research note on Friday, August 9th. Five equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of €51.16 ($59.48).

Shares of FRA:BNR opened at €48.46 ($56.35) on Thursday. Brenntag has a 52 week low of €43.06 ($50.07) and a 52 week high of €56.25 ($65.41). The company’s fifty day moving average is €44.70 and its 200-day moving average is €44.28.

About Brenntag

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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Analyst Recommendations for Brenntag (FRA:BNR)

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