Brenntag AG (OTCMKTS:BNTGY) Receives $12.80 Average Price Target from Analysts

Shares of Brenntag AG (OTCMKTS:BNTGY) have been given an average recommendation of “Reduce” by the nine research firms that are covering the stock, Marketbeat reports. Three research analysts have rated the stock with a sell recommendation and six have issued a hold recommendation on the company. The average 12 month price objective among brokers that have covered the stock in the last year is $12.80.

A number of brokerages have weighed in on BNTGY. Morgan Stanley cut shares of Brenntag from an “equal weight” rating to an “underweight” rating in a research report on Tuesday, January 6th. Zacks Research raised Brenntag from a “strong sell” rating to a “hold” rating in a research note on Friday, October 17th. Barclays upgraded Brenntag to a “hold” rating in a report on Thursday, January 15th. Citigroup restated a “neutral” rating on shares of Brenntag in a report on Friday, November 14th. Finally, UBS Group lowered shares of Brenntag from a “hold” rating to a “sell” rating in a research note on Friday, October 10th.

Brenntag Stock Down 0.9%

BNTGY stock opened at $11.98 on Tuesday. The business has a fifty day moving average of $11.56 and a two-hundred day moving average of $11.86. The stock has a market cap of $8.65 billion, a price-to-earnings ratio of 18.72 and a beta of 0.75. Brenntag has a 52-week low of $10.52 and a 52-week high of $14.82.

Brenntag (OTCMKTS:BNTGY) last released its quarterly earnings results on Wednesday, November 12th. The company reported $0.18 earnings per share for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.01). The business had revenue of $4.31 billion for the quarter, compared to analysts’ expectations of $4.32 billion. Brenntag had a return on equity of 9.14% and a net margin of 2.66%. As a group, sell-side analysts anticipate that Brenntag will post 0.9 EPS for the current year.

Brenntag Company Profile

Brenntag SE, trading on OTCMKTS as BNTGY, is a global market leader in the distribution of chemicals and ingredients. With headquarters in Essen, Germany, the company serves a wide range of industries including coatings and construction, cleaning and water treatment, food and nutrition, pharmaceuticals and personal care, as well as oil and gas. Brenntag operates through two core segments—Essentials and Specialties—offering both standard commodity chemicals and tailored specialty solutions to customers around the world.

Its product portfolio encompasses inorganic and organic chemicals, polymers, petrochemicals and specialty ingredients.