Brenntag (FRA:BNR) Given a €60.00 Price Target at Berenberg Bank
Berenberg Bank set a €60.00 ($69.77) target price on Brenntag (FRA:BNR) in a research report sent to investors on Monday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
BNR has been the topic of a number of other research reports. Baader Bank set a €50.00 ($58.14) target price on Brenntag and gave the stock a buy rating in a report on Wednesday, August 7th. Warburg Research set a €50.00 ($58.14) target price on Brenntag and gave the stock a buy rating in a report on Thursday, July 18th. Kepler Capital Markets set a €56.00 ($65.12) target price on Brenntag and gave the stock a buy rating in a report on Thursday, May 9th. Independent Research set a €46.00 ($53.49) target price on Brenntag and gave the stock a neutral rating in a report on Friday, August 9th. Finally, UBS Group set a €52.50 ($61.05) target price on Brenntag and gave the stock a buy rating in a report on Monday, August 5th. Four research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The stock presently has a consensus rating of Buy and a consensus price target of €52.64 ($61.21).
BNR stock opened at €40.13 ($46.66) on Monday. Brenntag has a fifty-two week low of €43.06 ($50.07) and a fifty-two week high of €56.25 ($65.41). The business’s 50 day moving average price is €43.61 and its two-hundred day moving average price is €44.55.
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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