Brenntag (OTCMKTS:BNTGY) Reaches New 12-Month High at $16.12

Brenntag AG (OTCMKTS:BNTGY)’s stock price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $16.12 and last traded at $15.76, with a volume of 24399 shares. The stock had previously closed at $15.49.

BNTGY has been the subject of several recent research reports. Zacks Investment Research lowered shares of Brenntag from a “hold” rating to a “sell” rating in a research report on Friday, December 11th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Brenntag in a report on Tuesday, October 27th. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Brenntag in a report on Thursday, December 3rd. Finally, UBS Group reissued a “neutral” rating on shares of Brenntag in a research note on Friday, October 16th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $14.00.

The stock has a market capitalization of $12.17 billion, a P/E ratio of 22.78 and a beta of 1.44. The business’s 50 day simple moving average is $15.21 and its 200-day simple moving average is $13.06.

Brenntag Company Profile (OTCMKTS:BNTGY)

Brenntag AG purchases and supplies industrial and specialty chemicals, and ingredients in Europe, the Middle East, Africa, North America, Latin America, the Asia Pacific, and internationally. It provides value-added services, such as just-in-time delivery, product mixing, blending, repackaging, inventory management, and drum return handling, as well as technical and laboratory services for specialty chemicals.

Read More: Understanding the Price to Earnings Ratio (PE)

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