Brenntag AG (OTCMKTS:BNTGY) Given Average Rating of “Reduce” by Analysts

Brenntag AG (OTCMKTS:BNTGY) has been assigned an average recommendation of “Reduce” from the eight research firms that are currently covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a sell recommendation and six have issued a hold recommendation on the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $12.80.

A number of analysts have commented on BNTGY shares. BNP Paribas started coverage on shares of Brenntag in a research report on Monday, October 20th. They set a “neutral” rating and a $12.80 price target on the stock. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Brenntag in a research note on Wednesday, September 24th. UBS Group cut Brenntag from a “hold” rating to a “sell” rating in a research note on Friday, October 10th. Citigroup reissued a “neutral” rating on shares of Brenntag in a research note on Friday, November 14th. Finally, Zacks Research upgraded Brenntag from a “strong sell” rating to a “hold” rating in a report on Friday, October 17th.

Brenntag Trading Up 1.0%

Shares of BNTGY stock opened at $11.49 on Monday. Brenntag has a 1-year low of $10.52 and a 1-year high of $14.82. The stock has a market cap of $8.29 billion, a price-to-earnings ratio of 17.95 and a beta of 0.75. The stock has a 50-day moving average of $11.40 and a 200-day moving average of $12.33.

Brenntag (OTCMKTS:BNTGY) last released its quarterly earnings results on Wednesday, November 12th. The company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by ($0.01). Brenntag had a return on equity of 9.18% and a net margin of 2.66%.The firm had revenue of $4.31 billion for the quarter, compared to the consensus estimate of $4.32 billion. Sell-side analysts forecast that Brenntag will post 0.9 earnings per share for the current 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.