Brenntag AG (OTCMKTS:BNTGY) Receives Average Rating of “Reduce” from Brokerages

Shares of Brenntag AG (OTCMKTS:BNTGY) have earned a consensus rating of “Reduce” from the nine ratings firms that are currently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating and seven have issued a hold rating on the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $12.80.

A number of research firms have issued reports on BNTGY. UBS Group raised Brenntag from a “sell” rating to a “neutral” rating in a research note on Thursday, April 30th. Barclays raised Brenntag to a “hold” rating in a research note on Thursday, January 15th.

Brenntag Price Performance

OTCMKTS:BNTGY opened at $14.34 on Thursday. Brenntag has a 1 year low of $10.19 and a 1 year high of $14.97. The stock’s 50 day simple moving average is $12.93 and its two-hundred day simple moving average is $12.18. The company has a market cap of $10.35 billion, a price-to-earnings ratio of 34.97 and a beta of 0.67.

Brenntag (OTCMKTS:BNTGY) last released its quarterly earnings data on Wednesday, May 13th. The company reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.01). Brenntag had a return on equity of 5.89% and a net margin of 1.71%. As a group, analysts anticipate that Brenntag will post 0.7 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.