Brenntag (BNTGY) Expected to Announce Quarterly Earnings on Wednesday

Brenntag (OTCMKTS:BNTGY) is expected to announce its results before the market opens on Wednesday, March 11th. Analysts expect the company to announce earnings of $0.2368 per share and revenue of $4.2159 billion for the quarter.

Brenntag Stock Performance

Brenntag stock opened at $11.49 on Wednesday. The firm has a market cap of $8.29 billion, a price-to-earnings ratio of 17.95 and a beta of 0.75. Brenntag has a 1 year low of $10.52 and a 1 year high of $14.82. The firm’s 50 day moving average price is $12.22 and its two-hundred day moving average price is $11.85.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Citigroup restated a “neutral” rating on shares of Brenntag in a report on Friday, November 14th. Morgan Stanley lowered Brenntag from an “equal weight” rating to an “underweight” rating in a research report on Tuesday, January 6th. Finally, Barclays raised Brenntag to a “hold” rating in a research note on Thursday, January 15th. Six research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, Brenntag currently has a consensus rating of “Reduce” and a consensus target price of $12.80.

Brenntag Company Profile

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.