Independent Research GmbH Analysts Give Brenntag AG (BNR) a €51.00 Price Target

Brenntag AG (FRA:BNR) has been assigned a €51.00 ($60.00) price target by investment analysts at Independent Research GmbH in a research note issued on Thursday. The firm presently has a “neutral” rating on the stock.

Other equities analysts also recently issued research reports about the stock. Citigroup Inc. set a €65.00 ($76.47) target price on shares of Brenntag AG and gave the stock a “buy” rating in a research note on Thursday, May 25th. J P Morgan Chase & Co set a €57.42 ($67.55) target price on shares of Brenntag AG and gave the stock a “buy” rating in a research note on Saturday, May 20th. Credit Suisse Group set a €60.00 ($70.59) target price on shares of Brenntag AG and gave the stock a “buy” rating in a research note on Saturday, May 20th. HSBC Holdings plc set a €58.50 ($68.82) target price on shares of Brenntag AG and gave the stock a “buy” rating in a research note on Monday, July 10th. Finally, Deutsche Bank AG set a €57.00 ($67.06) target price on shares of Brenntag AG and gave the stock a “buy” rating in a research note on Wednesday, July 12th. Nine research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of €55.32 ($65.08).

Brenntag AG (FRA:BNR) opened at 44.314 on Thursday. Brenntag AG has a 12 month low of €44.18 and a 12 month high of €56.25. The firm’s 50 day moving average is €49.66 and its 200-day moving average is €52.42. The firm has a market cap of €6.85 billion and a price-to-earnings ratio of 17.669.

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Analyst Recommendations for Brenntag AG (FRA:BNR)

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