Baader Bank set a €50.00 ($58.14) price target on Brenntag (FRA:BNR) in a report released on Wednesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
A number of other equities analysts also recently commented on BNR. Kepler Capital Markets set a €112.00 ($130.23) price objective on LEG Immobilien and gave the stock a buy rating in a report on Thursday, May 9th. Berenberg Bank set a €14.00 ($16.28) price objective on Suedzucker and gave the stock a neutral rating in a report on Wednesday. Goldman Sachs Group initiated coverage on Beyond Meat in a report on Monday, May 27th. They issued a neutral rating and a $67.00 price objective on the stock. JPMorgan Chase & Co. set a €50.00 ($58.14) price objective on Brenntag and gave the stock a buy rating in a report on Tuesday, July 16th. Finally, Nord/LB set a €45.00 ($52.33) price objective on Brenntag and gave the stock a neutral rating in a report on Friday, May 24th. Four research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. The company presently has an average rating of Buy and an average price target of €52.77 ($61.36).
Brenntag stock opened at €43.60 ($50.70) on Wednesday. The stock has a 50-day moving average price of €43.04. Brenntag has a 12 month low of €43.06 ($50.07) and a 12 month 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.
Featured Article: What is dollar cost averaging (DCA)?
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.