HSBC set a €60.00 ($71.43) price objective on Brenntag (FRA:BNR) in a report published on Wednesday. The brokerage currently has a buy rating on the stock.

Other analysts have also issued research reports about the company. Jefferies Group set a €56.00 ($66.67) price target on Brenntag and gave the company a buy rating in a research note on Wednesday, September 20th. equinet set a €53.00 ($63.10) price target on Brenntag and gave the company a buy rating in a research note on Friday, November 3rd. Baader Bank set a €56.00 ($66.67) price target on Brenntag and gave the company a buy rating in a research note on Wednesday, November 8th. Commerzbank set a €48.00 ($57.14) price target on Brenntag and gave the company a neutral rating in a research note on Wednesday, November 8th. Finally, Berenberg Bank set a €49.00 ($58.33) price target on Brenntag and gave the company a neutral rating in a research note on Wednesday, November 8th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and ten have issued a buy rating to the company. The company has a consensus rating of Buy and a consensus price target of €56.50 ($67.26).

Shares of Brenntag (BNR) traded down €2.74 ($3.26) during mid-day trading on Wednesday, reaching €52.12 ($62.05). The company had a trading volume of 450 shares. The firm has a market cap of $7,910.00 and a price-to-earnings ratio of 20.12. Brenntag has a twelve month low of €43.06 ($51.26) and a twelve month high of €56.25 ($66.96).

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About Brenntag

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.

Analyst Recommendations for Brenntag (FRA:BNR)

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