Brenntag (OTCMKTS:BNTGY) Reaches New 1-Year Low – What’s Next?

Brenntag AG (OTCMKTS:BNTGY) shares reached a new 52-week low on Friday . The stock traded as low as $10.29 and last traded at $10.29, with a volume of 917 shares traded. The stock had previously closed at $10.68.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the company. Barclays raised Brenntag to a “hold” rating in a report on Thursday, January 15th. Morgan Stanley downgraded Brenntag from an “equal weight” rating to an “underweight” rating in a report on Tuesday, January 6th. Finally, Citigroup reiterated a “neutral” rating on shares of Brenntag in a report on Friday, November 14th. Six research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus price target of $12.80.

Brenntag Price Performance

The firm has a market cap of $7.43 billion, a PE ratio of 16.08 and a beta of 0.75. The business has a fifty day moving average price of $12.19 and a two-hundred day moving average price of $11.83.

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.