UBS Group set a €52.50 ($61.05) price target on Brenntag (FRA:BNR) in a research note published on Wednesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Several other research analysts have also recently weighed in on the company. Nord/LB set a €45.00 ($52.33) price objective on Brenntag and gave the stock a neutral rating in a research report on Friday, October 4th. Goldman Sachs Group set a €56.00 ($65.12) price objective on Brenntag and gave the stock a buy rating in a research report on Wednesday. Baader Bank set a €50.00 ($58.14) price target on Brenntag and gave the company a buy rating in a research report on Wednesday. Jefferies Financial Group set a €44.00 ($51.16) price target on Brenntag and gave the company a neutral rating in a research report on Monday, August 19th. Finally, JPMorgan Chase & Co. set a €50.00 ($58.14) price target on Brenntag and gave the company a buy rating in a research report on Wednesday. Five investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. The stock presently has a consensus rating of Buy and an average price target of €50.65 ($58.89).
BNR stock opened at €48.25 ($56.10) on Wednesday. The business has a 50-day moving average of €44.77 and a 200-day moving average of €44.28. Brenntag has a fifty-two week low of €43.06 ($50.07) and a fifty-two week high of €56.25 ($65.41).
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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