JPMorgan Chase & Co. set a €50.00 ($58.14) target price on Brenntag (FRA:BNR) in a research report report published on Wednesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Other analysts also recently issued research reports about the company. Jefferies Financial Group set a €44.00 ($51.16) target price on Brenntag and gave the stock a neutral rating in a research note on Monday, August 19th. HSBC set a €50.50 ($58.72) target price on Brenntag and gave the stock a buy rating in a research note on Monday, September 2nd. Credit Suisse Group set a €49.00 ($56.98) target price on Brenntag and gave the stock a buy rating in a research note on Tuesday, July 30th. Warburg Research set a €50.00 ($58.14) target price on Brenntag and gave the stock a buy rating in a research note on Thursday, July 18th. Finally, Berenberg Bank set a €60.00 ($69.77) price target on Brenntag and gave the stock a buy rating in a research report on Monday, August 12th. Five research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. The stock currently has a consensus rating of Buy and a consensus target price of €50.65 ($58.89).
Shares of BNR opened at €48.25 ($56.10) on Wednesday. Brenntag has a 52 week low of €43.06 ($50.07) and a 52 week high of €56.25 ($65.41). The stock’s 50-day moving average price is €44.77 and its 200-day moving average price is €44.28.
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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