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

Brenntag AG (OTCMKTS:BNTGY) has been assigned a consensus recommendation of “Reduce” from the nine brokerages that are presently covering the stock, MarketBeat.com reports. Three research analysts have rated the stock with a sell rating and six have assigned a hold rating to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $12.80.

Several research analysts have commented on the stock. Barclays raised shares of Brenntag to a “hold” rating in a report on Thursday, January 15th. Morgan Stanley cut Brenntag from an “equal weight” rating to an “underweight” rating in a research report on Tuesday, January 6th. Finally, Citigroup reaffirmed a “neutral” rating on shares of Brenntag in a report on Friday, November 14th.

Brenntag Stock Up 0.2%

Shares of BNTGY opened at $12.72 on Friday. Brenntag has a twelve month low of $10.52 and a twelve month high of $14.82. The stock has a market cap of $9.18 billion, a PE ratio of 19.88 and a beta of 0.75. The business’s 50-day moving average price is $12.12 and its 200-day moving average price is $11.89.

About Brenntag

Brenntag SE, trading on OTCMKTS as BNTGY, is a global market leader in the distribution of chemicals and ingredients. With headquarters in Essen, Germany, the company serves a wide range of industries including coatings and construction, cleaning and water treatment, food and nutrition, pharmaceuticals and personal care, as well as oil and gas. Brenntag operates through two core segments—Essentials and Specialties—offering both standard commodity chemicals and tailored specialty solutions to customers around the world.

Its product portfolio encompasses inorganic and organic chemicals, polymers, petrochemicals and specialty ingredients.