Jefferies Financial Group set a €44.00 ($51.16) target price on Brenntag (FRA:BNR) in a research report sent to investors on Monday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
A number of other research firms also recently weighed in on BNR. Nord/LB set a €45.00 ($52.33) target price on Brenntag and gave the stock a neutral rating in a research report on Friday, May 24th. JPMorgan Chase & Co. set a €50.00 ($58.14) target price on Brenntag and gave the stock a buy rating in a research report on Wednesday, August 7th. UBS Group set a €52.50 ($61.05) target price on Brenntag and gave the stock a buy rating in a research report on Monday, August 5th. Independent Research set a €46.00 ($53.49) target price on Brenntag and gave the stock a neutral rating in a research report on Friday, August 9th. Finally, Berenberg Bank set a €60.00 ($69.77) target price on Brenntag and gave the stock a buy rating in a research report on Monday, August 12th. Four investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. The stock has an average rating of Buy and a consensus price target of €52.33 ($60.85).
BNR opened at €41.96 ($48.79) on Monday. Brenntag has a 1-year low of €43.06 ($50.07) and a 1-year high of €56.25 ($65.41). The business has a 50 day moving average price of €43.33 and a two-hundred day moving average price of €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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