Brenntag (BNTGY) Expected to Announce Quarterly Earnings on Wednesday

Brenntag (OTCMKTS:BNTGY) is anticipated to issue its results before the market opens on Wednesday, March 11th. Analysts expect the company to announce earnings of $0.2368 per share and revenue of $4.2159 billion for the quarter.

Brenntag Stock Up 0.7%

Shares of BNTGY stock opened at $10.46 on Tuesday. Brenntag has a fifty-two week low of $10.19 and a fifty-two week high of $14.50. The firm’s 50 day moving average price is $12.15 and its two-hundred day moving average price is $11.79. The stock has a market cap of $7.55 billion, a price-to-earnings ratio of 16.34 and a beta of 0.75.

Analyst Ratings Changes

BNTGY has been the topic of a number of research reports. Morgan Stanley downgraded shares of Brenntag from an “equal weight” rating to an “underweight” rating in a research note on Tuesday, January 6th. Barclays raised shares of Brenntag to a “hold” rating in a research report on Thursday, January 15th. Finally, Citigroup reissued a “neutral” rating on shares of Brenntag in a research report on Friday, November 14th. Six research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus price target of $12.80.

Brenntag Company Profile

Brenntag SE, trading on OTCMKTS as BNTGY, is a global market leader in the distribution of chemicals and ingredients. With headquarters in Essen, Germany, the company serves a wide range of industries including coatings and construction, cleaning and water treatment, food and nutrition, pharmaceuticals and personal care, as well as oil and gas. Brenntag operates through two core segments—Essentials and Specialties—offering both standard commodity chemicals and tailored specialty solutions to customers around the world.

Its product portfolio encompasses inorganic and organic chemicals, polymers, petrochemicals and specialty ingredients.