Brenntag (OTCMKTS:BNTGY) Price Target Raised to €98.00

Brenntag (OTCMKTS:BNTGYGet Rating) had its target price lifted by JPMorgan Chase & Co. from €96.00 ($97.96) to €98.00 ($100.00) in a report issued on Monday, The Fly reports. The brokerage currently has an overweight rating on the stock.

BNTGY has been the subject of several other research reports. Baader Bank raised shares of Brenntag to a buy rating in a research report on Friday, June 3rd. Berenberg Bank increased their price objective on shares of Brenntag from €95.00 ($96.94) to €100.00 ($102.04) and gave the stock a buy rating in a research report on Friday, May 27th. Five investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has an average rating of Buy and a consensus price target of $96.00.

Brenntag Stock Up 3.9 %

Brenntag stock opened at $14.14 on Monday. Brenntag has a 52-week low of $11.63 and a 52-week high of $20.99. The firm has a fifty day moving average of $13.36 and a 200-day moving average of $14.52. The firm has a market capitalization of $10.92 billion, a P/E ratio of 12.19 and a beta of 1.32.

Brenntag (OTCMKTS:BNTGYGet Rating) last released its quarterly earnings data on Tuesday, August 9th. The company reported $0.47 earnings per share (EPS) for the quarter. Brenntag had a net margin of 4.35% and a return on equity of 19.09%. The company had revenue of $6.46 billion during the quarter. On average, research analysts expect that Brenntag will post 1.23 EPS for the current fiscal year.

Brenntag Company Profile

(Get Rating)

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. The company operates through the divisions Brenntag Essentials and Brenntag Specialties. 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.

Featured Articles

The Fly logo

Analyst Recommendations for Brenntag (OTCMKTS:BNTGY)

Receive News & Ratings for Brenntag Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brenntag and related companies with MarketBeat.com's FREE daily email newsletter.