Brenntag AG (OTCMKTS:BNTGY) Receives Consensus Rating of “Reduce” from Analysts

Brenntag AG (OTCMKTS:BNTGY) has earned a consensus recommendation of “Reduce” from the six ratings firms that are currently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation and five have given a hold recommendation to the company.

Several brokerages have issued reports on BNTGY. Berenberg Bank cut shares of Brenntag from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 3rd. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Brenntag in a report on Wednesday.

Brenntag Price Performance

OTCMKTS:BNTGY opened at $11.83 on Wednesday. Brenntag has a one year low of $11.09 and a one year high of $15.07. The company’s 50-day simple moving average is $12.42 and its 200 day simple moving average is $12.95. The firm has a market capitalization of $8.54 billion, a P/E ratio of 18.48 and a beta of 0.84.

Brenntag (OTCMKTS:BNTGY) last posted its quarterly earnings data on Wednesday, August 13th. The company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.22 by ($0.15). The business had revenue of $4.39 billion for the quarter, compared to the consensus estimate of $4.14 billion. Brenntag had a return on equity of 9.19% and a net margin of 2.62%. On average, equities research analysts expect that Brenntag will post 0.9 earnings per share for the current fiscal year.

Brenntag Company Profile

Brenntag SE purchases and supplies various industrial and specialty chemicals, and ingredients in Germany, Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates in two segments, Brenntag Essentials and Brenntag Specialties. It provides just-in-time delivery, product mixing, blending, repackaging, inventory management, and drum return handling.