Brenntag (FRA:BNR) has been given a €60.00 ($71.43) price objective by Jefferies Group in a research note issued to investors on Tuesday, November 14th. The brokerage currently has a “buy” rating on the stock. Jefferies Group’s price objective would indicate a potential upside of 15.83% from the company’s current price.
Other research analysts have also issued reports about the company. Citigroup set a €65.00 ($77.38) target price on Brenntag and gave the company a “buy” rating in a research report on Thursday, August 10th. Independent Research set a €51.00 ($60.71) target price on Brenntag and gave the company a “neutral” rating in a research report on Thursday, August 10th. Goldman Sachs Group set a €52.00 ($61.90) price target on Brenntag and gave the company a “neutral” rating in a research note on Thursday, August 17th. Commerzbank set a €52.00 ($61.90) price target on Brenntag and gave the company a “neutral” rating in a research note on Tuesday, July 18th. Finally, Credit Suisse Group set a €47.50 ($56.55) price target on Brenntag and gave the company a “neutral” rating in a research note on Friday, August 11th. Eight equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of €54.53 ($64.92).
Brenntag (BNR) traded down €0.50 ($0.60) on Tuesday, hitting €51.80 ($61.67). The stock had a trading volume of 274,295 shares. Brenntag has a 52-week low of €43.06 ($51.26) and a 52-week high of €56.25 ($66.96).
Brenntag AG, a chemical distribution company, provides distribution solutions for industrial and specialty chemicals worldwide. 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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