Brenntag (OTCMKTS:BNTGY) Reaches New 1-Year High at $17.77

Brenntag SE (OTCMKTS:BNTGY) hit a new 52-week high on Wednesday . The company traded as high as $17.77 and last traded at $17.77, with a volume of 14619 shares traded. The stock had previously closed at $17.58.

A number of brokerages have weighed in on BNTGY. Smith Barney Citigroup reissued a “buy” rating on shares of Brenntag in a research report on Thursday, January 7th. Credit Suisse Group reissued an “outperform” rating on shares of Brenntag in a research report on Thursday, March 11th. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Brenntag in a research report on Monday, March 15th. DZ Bank downgraded Brenntag from a “hold” rating to a “sell” rating in a research report on Tuesday, March 16th. Finally, Zacks Investment Research downgraded Brenntag from a “buy” rating to a “hold” rating in a research report on Monday, March 15th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $17.00.

The firm has a 50-day moving average price of $16.57 and a 200 day moving average price of $15.27. The company has a market cap of $13.73 billion, a price-to-earnings ratio of 25.85 and a beta of 1.44.

Brenntag Company Profile (OTCMKTS:BNTGY)

Brenntag SE 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.

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