Brenntag (BNR) Given a €60.00 Price Target at UBS Group

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UBS Group set a €60.00 ($69.77) target price on Brenntag (FRA:BNR) in a report released on Wednesday morning, www.boersen-zeitung.de reports. The brokerage currently has a buy rating on the stock.

Several other research analysts have also recently issued reports on BNR. Commerzbank set a €61.00 ($70.93) target price on Brenntag and gave the company a buy rating in a research report on Wednesday, July 18th. Hauck & Aufhaeuser set a €62.00 ($72.09) target price on Brenntag and gave the company a buy rating in a research report on Tuesday, July 24th. Goldman Sachs Group set a €56.00 ($65.12) target price on Brenntag and gave the company a neutral rating in a research report on Wednesday, August 8th. Berenberg Bank set a €60.00 ($69.77) target price on Brenntag and gave the company a neutral rating in a research report on Wednesday, August 8th. Finally, Warburg Research set a €60.00 ($69.77) target price on Brenntag and gave the company a buy rating in a research report on Wednesday, August 8th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and twelve have issued a buy rating to the stock. Brenntag presently has an average rating of Buy and an average target price of €58.07 ($67.53).

Shares of FRA:BNR opened at €43.20 ($50.23) on Wednesday. Brenntag has a 12-month low of €43.06 ($50.07) and a 12-month high of €56.25 ($65.41).

About Brenntag

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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Analyst Recommendations for Brenntag (FRA:BNR)

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