Brenntag AG (BNR) PT Set at €60.00 by Jefferies Group LLC
Brenntag AG (FRA:BNR) has been assigned a €60.00 ($69.77) target price by equities research analysts at Jefferies Group LLC in a research report issued to clients and investors on Tuesday. The brokerage presently has a “buy” rating on the stock. Jefferies Group LLC’s price objective would suggest a potential upside of 14.22% from the stock’s previous close.
Several other research analysts also recently issued reports on BNR. Commerzbank Ag set a €52.00 ($60.47) price objective on shares of Brenntag AG and gave the stock a “neutral” rating in a research report on Tuesday, July 18th. DZ Bank AG reissued a “neutral” rating on shares of Brenntag AG in a research report on Tuesday, July 25th. Kepler Capital Markets set a €59.00 ($68.60) target price on shares of Brenntag AG and gave the company a “buy” rating in a report on Wednesday, August 2nd. Goldman Sachs Group, Inc. (The) set a €56.00 ($65.12) target price on shares of Brenntag AG and gave the company a “neutral” rating in a report on Wednesday, August 9th. Finally, Berenberg Bank set a €56.00 ($65.12) target price on shares of Brenntag AG and gave the company a “neutral” rating in a report on Wednesday, August 9th. Eight investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of €54.00 ($62.79).
Brenntag AG (FRA BNR) opened at €52.53 ($61.08) on Tuesday. Brenntag AG has a 52-week low of €43.06 ($50.07) and a 52-week high of €56.25 ($65.41).
About Brenntag AG
Brenntag AG, a chemical distribution company, provides distribution solutions for industrial and specialty chemicals worldwide. 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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