Brenntag (FRA:BNR) Given a €44.00 Price Target by Jefferies Financial Group Analysts
Jefferies Financial Group set a €44.00 ($51.16) target price on Brenntag (FRA:BNR) in a report released on Monday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Other equities analysts also recently issued research reports about the company. Berenberg Bank set a €60.00 ($69.77) price target on Brenntag and gave the company a buy rating in a report on Monday, August 12th. Independent Research set a €46.00 ($53.49) price target on Brenntag and gave the company a neutral rating in a report on Friday, August 9th. Credit Suisse Group set a €49.00 ($56.98) price target on Brenntag and gave the company a buy rating in a report on Tuesday, July 30th. Nord/LB set a €45.00 ($52.33) price target on Brenntag and gave the company a neutral rating in a report on Friday, May 24th. Finally, UBS Group set a €52.50 ($61.05) price target on Brenntag and gave the company a buy rating in a report on Monday, August 5th. Four analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. The stock has an average rating of Buy and an average target price of €52.33 ($60.85).
FRA:BNR opened at €42.07 ($48.92) on Monday. Brenntag has a 52 week low of €43.06 ($50.07) and a 52 week high of €56.25 ($65.41). The stock’s 50 day moving average price is €43.29 and its 200 day moving average price is €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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