Brenntag (BNR) Given a €56.00 Price Target by Independent Research Analysts

Brenntag (FRA:BNR) has been assigned a €56.00 ($69.14) price objective by analysts at Independent Research in a research report issued to clients and investors on Thursday. The brokerage currently has a “neutral” rating on the stock. Independent Research’s price target would indicate a potential upside of 15.23% from the stock’s current price.

Other analysts have also recently issued research reports about the company. equinet set a €59.80 ($73.83) price objective on Brenntag and gave the stock a “buy” rating in a research report on Wednesday. Baader Bank set a €62.00 ($76.54) price objective on Brenntag and gave the stock a “buy” rating in a research report on Friday, February 2nd. UBS set a €53.00 ($65.43) price objective on Brenntag and gave the stock a “neutral” rating in a research report on Monday, February 5th. Berenberg Bank set a €57.00 ($70.37) price objective on Brenntag and gave the stock a “neutral” rating in a research report on Thursday, March 8th. Finally, Goldman Sachs set a €56.00 ($69.14) price objective on Brenntag and gave the stock a “neutral” rating in a research report on Wednesday. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and eleven have assigned a buy rating to the company. Brenntag has a consensus rating of “Buy” and an average price target of €57.77 ($71.31).

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Shares of Brenntag (BNR) opened at €48.60 ($60.00) on Thursday. The firm has a market capitalization of $7,640.00 and a P/E ratio of 20.86. Brenntag has a twelve month low of €43.06 ($53.16) and a twelve month high of €56.25 ($69.44).

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Brenntag Company Profile

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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