Deutsche Bank set a €52.00 ($60.47) target price on Brenntag (FRA:BNR) in a research report sent to investors on Thursday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Several other brokerages have also issued reports on BNR. Berenberg Bank set a €14.00 ($16.28) price target on shares of Suedzucker and gave the company a neutral rating in a report on Wednesday, July 17th. Baader Bank set a €50.00 ($58.14) price target on shares of Brenntag and gave the company a buy rating in a report on Wednesday, July 17th. Jefferies Financial Group lowered their price target on shares of Seres Therapeutics from $6.00 to $4.00 and set a hold rating on the stock in a report on Monday, July 1st. Goldman Sachs Group set a €100.00 ($116.28) price target on shares of Henkel AG & Co KGaA and gave the company a buy rating in a report on Wednesday, July 17th. Finally, UBS Group lowered their price target on shares of Wells Fargo & Co from $53.00 to $51.00 and set a buy rating on the stock in a report on Wednesday, July 17th. Four equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. The company currently has a consensus rating of Buy and a consensus target price of €52.77 ($61.36).
FRA:BNR opened at €43.60 ($50.70) on Thursday. Brenntag has a one year low of €43.06 ($50.07) and a one year high of €56.25 ($65.41). The firm’s fifty day moving average is €43.04.
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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