Brenntag (FRA:BNR) Given a €55.00 Price Target by UBS Group Analysts

UBS Group set a €55.00 ($64.71) price objective on Brenntag (FRA:BNR) in a research note published on Friday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

A number of other brokerages have also issued reports on BNR. Independent Research set a €55.00 ($64.71) price objective on shares of Brenntag and gave the company a neutral rating in a report on Wednesday, September 16th. JPMorgan Chase & Co. set a €66.50 ($78.24) price objective on shares of Brenntag and gave the company a buy rating in a report on Wednesday, September 16th. Baader Bank set a €51.00 ($60.00) price objective on shares of Brenntag and gave the company a buy rating in a report on Wednesday, September 16th. Jefferies Financial Group set a €52.00 ($61.18) target price on Brenntag and gave the company a neutral rating in a research report on Tuesday, September 15th. Finally, Credit Suisse Group set a €71.50 ($84.12) target price on Brenntag and gave the company a buy rating in a research report on Friday, October 2nd. Eight equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and a consensus price target of €54.31 ($63.90).

Shares of BNR opened at €55.86 ($65.72) on Friday. Brenntag has a 1 year low of €43.06 ($50.66) and a 1 year high of €56.25 ($66.18). The company has a 50 day simple moving average of €54.40 and a two-hundred day simple moving average of €48.24.

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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Analyst Recommendations for Brenntag (FRA:BNR)

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