Zacks Investment Research upgraded shares of Brenntag AG, Muehleim/Ruhr (NASDAQ:BNTGY) from a hold rating to a buy rating in a research report released on Thursday morning. The brokerage currently has $12.00 price objective on the stock.

According to Zacks, “Brenntag AG engages in the production and distribution of chemicals. It operates through the North America, Latin America, EMEA and Asia Pacific segments. Brenntag AG is headquartered in Mülheim an der Ruhr, Germany. “

Brenntag AG, Muehleim/Ruhr (NASDAQ:BNTGY) opened at 11.01 on Thursday. Brenntag AG, Muehleim/Ruhr has a one year low of $9.41 and a one year high of $12.36. The firm has a market capitalization of $8.51 billion and a price-to-earnings ratio of 17.96. The stock has a 50 day moving average price of $10.81 and a 200-day moving average price of $11.35.

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