Brenntag (FRA:BNR – Get Rating) received a €96.00 ($104.35) target price from stock analysts at JPMorgan Chase & Co. in a research report issued on Tuesday, Borsen Zeitung reports. JPMorgan Chase & Co.‘s price objective would suggest a potential upside of 35.25% from the stock’s current price.
Other equities analysts have also issued research reports about the stock. Credit Suisse Group set a €90.00 ($97.83) target price on shares of Brenntag in a report on Monday, March 14th. Barclays set a €95.00 ($103.26) target price on shares of Brenntag in a report on Friday, March 18th. UBS Group set a €82.00 ($89.13) target price on shares of Brenntag in a report on Monday, March 28th. Deutsche Bank Aktiengesellschaft set a €99.00 ($107.61) target price on shares of Brenntag in a report on Thursday, March 10th. Finally, The Goldman Sachs Group set a €111.00 ($120.65) target price on shares of Brenntag in a report on Thursday, March 24th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of €91.88 ($99.86).
Shares of FRA:BNR opened at €70.98 ($77.15) on Tuesday. The firm’s fifty day moving average is €73.84 and its 200-day moving average is €77.51. Brenntag has a 52 week low of €43.06 ($46.80) and a 52 week high of €56.25 ($61.14).
Brenntag SE purchases and supplies various industrial and specialty chemicals, and ingredients in Europe, the Middle East, Africa, North America, Latin America, the Asia Pacific, and internationally. It provides value-added services, such as just-in-time delivery, product mixing, blending, repackaging, inventory management, and drum return handling, as well as technical and laboratory services for specialty chemicals.
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