Berenberg Bank set a €60.00 ($69.77) target price on Brenntag (FRA:BNR) in a research note issued to investors on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Several other equities analysts have also weighed in on BNR. Nord/LB set a €45.00 ($52.33) target price on shares of Brenntag and gave the company a neutral rating in a report on Friday, May 24th. Deutsche Bank reaffirmed a hold rating and set a GBX 1,775 ($23.19) target price on shares of in a report on Wednesday, June 26th. JPMorgan Chase & Co. set a €50.00 ($58.14) target price on shares of Brenntag and gave the company a buy rating in a report on Tuesday, July 16th. Baader Bank set a €30.00 ($34.88) target price on shares of Jenoptik and gave the company a neutral rating in a report on Thursday, May 9th. Finally, Jefferies Financial Group cut their target price on shares of Seres Therapeutics from $6.00 to $4.00 and set a hold rating for the company in a report on Monday, July 1st. Four research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. The stock currently has a consensus rating of Buy and an average price target of €52.77 ($61.36).
FRA:BNR opened at €43.60 ($50.70) on Wednesday. The company’s 50 day moving average price is €43.04. Brenntag has a 1-year low of €43.06 ($50.07) and a 1-year high of €56.25 ($65.41).
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.
Receive News & Ratings for Brenntag Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brenntag and related companies with MarketBeat.com's FREE daily email newsletter.