Brenntag AG (OTCMKTS:BNTGY) Given Consensus Rating of “Reduce” by Analysts

Brenntag AG (OTCMKTS:BNTGY) has been assigned a consensus rating of “Reduce” from the nine analysts that are covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation and eight have assigned a hold recommendation to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $12.80.

A number of equities analysts recently issued reports on the company. UBS Group raised Brenntag from a “sell” rating to a “neutral” rating in a report on Thursday, April 30th. Jefferies Financial Group upgraded shares of Brenntag from a “moderate sell” rating to a “hold” rating in a research report on Wednesday, May 20th. Finally, Morgan Stanley reiterated an “underweight” rating on shares of Brenntag in a research report on Friday, May 15th.

Brenntag Price Performance

OTCMKTS:BNTGY opened at $13.09 on Monday. The firm has a market capitalization of $9.45 billion, a PE ratio of 35.36 and a beta of 0.64. The business’s fifty day moving average price is $13.58 and its 200 day moving average price is $12.40. Brenntag has a 12 month low of $10.19 and a 12 month high of $14.97.

Brenntag (OTCMKTS:BNTGY) last issued its quarterly earnings data on Wednesday, May 13th. The company reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.02). The firm had revenue of $4.29 billion for the quarter, compared to analysts’ expectations of $4.33 billion. Brenntag had a return on equity of 5.38% and a net margin of 1.55%. As a group, equities analysts anticipate that Brenntag will post 0.8 EPS for the current year.

About Brenntag

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.