BRENNTAG AG/ADR (OTCMKTS:BNTGY) Downgraded to “Hold” at Deutsche Bank

Deutsche Bank downgraded shares of BRENNTAG AG/ADR (OTCMKTS:BNTGY) from a buy rating to a hold rating in a research note issued to investors on Monday, The Fly reports.

BNTGY has been the topic of a number of other reports. Zacks Investment Research raised BRENNTAG AG/ADR from a sell rating to a hold rating in a research report on Friday, August 16th. ValuEngine downgraded shares of BRENNTAG AG/ADR from a hold rating to a sell rating in a research report on Monday, November 25th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. The stock currently has an average rating of Hold and an average price target of $12.00.

Shares of OTCMKTS:BNTGY opened at $10.62 on Monday. The business’s 50 day simple moving average is $10.26 and its two-hundred day simple moving average is $9.83. The firm has a market cap of $8.20 billion, a P/E ratio of 15.39, a PEG ratio of 1.82 and a beta of 1.28. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.18 and a current ratio of 1.75. BRENNTAG AG/ADR has a 52-week low of $8.20 and a 52-week high of $10.96.

About BRENNTAG AG/ADR

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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