Jefferies Financial Group set a €44.00 ($51.16) target price on Brenntag (FRA:BNR) in a research report released on Monday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
A number of other equities research analysts have also recently issued reports on the stock. JPMorgan Chase & Co. set a €50.00 ($58.14) price objective on shares of Brenntag and gave the stock a buy rating in a report on Wednesday, August 7th. Kepler Capital Markets set a €56.00 ($65.12) price objective on shares of Brenntag and gave the stock a buy rating in a report on Thursday, May 9th. UBS Group set a €52.50 ($61.05) price objective on shares of Brenntag and gave the stock a buy rating in a report on Monday, August 5th. Nord/LB set a €45.00 ($52.33) price objective on shares of Brenntag and gave the stock a neutral rating in a report on Friday, May 24th. Finally, Credit Suisse Group set a €49.00 ($56.98) price target on shares of Brenntag and gave the company a buy rating in a report on Tuesday, July 30th. Four analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. Brenntag presently has a consensus rating of Buy and a consensus target price of €52.33 ($60.85).
Shares of FRA:BNR opened at €41.96 ($48.79) on Monday. Brenntag has a 1 year low of €43.06 ($50.07) and a 1 year high of €56.25 ($65.41). The firm has a fifty day moving average price of €43.33 and a 200 day moving average price of €44.47.
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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