Brenntag (FRA:BNR) PT Set at €54.00 by Bankhaus Lampe

Bankhaus Lampe set a €54.00 ($62.79) price objective on Brenntag (FRA:BNR) in a report released on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

Several other research firms have also issued reports on BNR. Kepler Capital Markets set a €56.00 ($65.12) price target on shares of Brenntag and gave the company a buy rating in a research report on Wednesday. Berenberg Bank set a €60.00 ($69.77) price target on shares of Brenntag and gave the company a buy rating in a research report on Monday, August 12th. Credit Suisse Group set a €49.00 ($56.98) price target on shares of Brenntag and gave the company a buy rating in a research report on Tuesday, July 30th. Nord/LB set a €45.00 ($52.33) price target on shares of Brenntag and gave the company a neutral rating in a research report on Friday, October 4th. Finally, Baader Bank set a €50.00 ($58.14) price target on shares of Brenntag and gave the company a buy rating in a research report on Wednesday. Five equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. The stock presently has a consensus rating of Buy and a consensus price target of €50.65 ($58.89).

FRA BNR opened at €48.25 ($56.10) on Wednesday. The company’s 50 day moving average is €44.77 and its 200-day moving average is €44.28. Brenntag has a 12-month low of €43.06 ($50.07) and a 12-month high of €56.25 ($65.41).

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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