JPMorgan Chase & Co. Reiterates €83.00 Price Target for Brenntag (FRA:BNR)

Brenntag (FRA:BNR – Get Rating) received a €83.00 ($89.25) price target from equities researchers at JPMorgan Chase & Co. in a research report issued on Tuesday, Borsen Zeitung reports. JPMorgan Chase & Co.‘s target price would suggest a potential upside of 22.96% from the stock’s previous close.

A number of other research firms have also weighed in on BNR. The Goldman Sachs Group set a €86.00 ($92.47) price objective on shares of Brenntag in a research note on Friday, February 3rd. UBS Group set a €77.50 ($83.33) price target on shares of Brenntag in a research note on Thursday, March 9th. Baader Bank set a €99.00 ($106.45) target price on Brenntag in a research note on Wednesday, March 8th. Warburg Research set a €80.00 ($86.02) target price on Brenntag in a report on Wednesday, March 8th. Finally, Barclays set a €84.00 ($90.32) target price on Brenntag in a research note on Wednesday, February 22nd.

Brenntag Price Performance

Brenntag stock opened at €67.50 ($72.58) on Tuesday. Brenntag has a twelve month low of €43.06 ($46.30) and a twelve month high of €56.25 ($60.48). The firm has a fifty day simple moving average of €69.33 and a two-hundred day simple moving average of €65.02.

About Brenntag

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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.