Warburg Research Reiterates “€93.00” Price Target for Brenntag (FRA:BNR)

Brenntag (FRA:BNRGet Rating) received a €93.00 ($100.00) target price from equities researchers at Warburg Research in a note issued to investors on Wednesday, Borsen Zeitung reports. Warburg Research’s price objective indicates a potential upside of 38.97% from the stock’s current price.

A number of other research firms also recently commented on BNR. Deutsche Bank Aktiengesellschaft set a €81.00 ($87.10) price objective on shares of Brenntag in a report on Wednesday. The Goldman Sachs Group set a €86.00 ($92.47) target price on Brenntag in a report on Friday, February 3rd. Baader Bank set a €99.00 ($106.45) price target on Brenntag in a research note on Tuesday. UBS Group set a €77.50 ($83.33) target price on Brenntag in a research note on Thursday, March 9th. Finally, Jefferies Financial Group set a €76.00 ($81.72) price target on Brenntag in a report on Wednesday, March 8th.

Brenntag Stock Up 1.5 %

Shares of FRA:BNR opened at €66.92 ($71.96) on Wednesday. Brenntag has a 52-week low of €43.06 ($46.30) and a 52-week high of €56.25 ($60.48). The company has a 50 day moving average of €69.59 and a two-hundred day moving average of €65.04.

Brenntag Company Profile

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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.

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