Baader Bank set a €50.00 ($58.14) target price on Brenntag (FRA:BNR) in a report issued on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Other research analysts also recently issued reports about the stock. Warburg Research set a €125.00 ($145.35) price target on shares of Sixt and gave the stock a buy rating in a research note on Thursday, May 9th. Deutsche Bank reissued a hold rating and set a GBX 1,775 ($23.19) price target on shares of in a research note on Wednesday, June 26th. Goldman Sachs Group started coverage on shares of Beyond Meat in a research note on Monday, May 27th. They set a neutral rating and a $67.00 price target on the stock. Kepler Capital Markets set a €112.00 ($130.23) price target on shares of LEG Immobilien and gave the stock a buy rating in a research note on Thursday, May 9th. Finally, Nord/LB set a €45.00 ($52.33) price target on shares of Brenntag and gave the stock a neutral rating in a research note on Friday, May 24th. Four investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. Brenntag has a consensus rating of Buy and a consensus target price of €52.77 ($61.36).
BNR stock opened at €43.60 ($50.70) on Wednesday. Brenntag has a one year low of €43.06 ($50.07) and a one year high of €56.25 ($65.41). The business’s 50 day simple moving average is €43.04.
Brenntag Company Profile
Brenntag AG, a chemical distribution company, purchases and supplies industrial and specialty chemicals in Europe, the Middle East, Africa, North America, Latin America, the Asia Pacific, and internationally. The company also provides value added services. It serves customers in various end-market industries, such as adhesives, paints, oil and gas, food, water treatment, personal care, and pharmaceuticals.
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