BRENNTAG AG/ADR (BNTGY) Downgraded by Jefferies Financial Group to “Hold”
Jefferies Financial Group cut shares of BRENNTAG AG/ADR (OTCMKTS:BNTGY) from a buy rating to a hold rating in a research note issued to investors on Friday morning, The Fly reports.
Separately, ValuEngine downgraded BRENNTAG AG/ADR from a hold rating to a sell rating in a research report on Tuesday, November 6th.
Shares of OTCMKTS BNTGY traded down $0.12 during midday trading on Friday, hitting $8.70. The stock had a trading volume of 101,273 shares, compared to its average volume of 84,221. The company has a market cap of $6.81 billion, a PE ratio of 16.41, a price-to-earnings-growth ratio of 1.48 and a beta of 1.43. BRENNTAG AG/ADR has a 1 year low of $8.65 and a 1 year high of $13.51.
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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