Independent Research GmbH Analysts Give Brenntag AG (FRA:BNR) a €51.00 Price Target
Brenntag AG (FRA:BNR) received a €51.00 ($60.00) price objective from equities research analysts at Independent Research GmbH in a research note issued to investors on Thursday. The firm currently has a “neutral” rating on the stock.
Several other research analysts have also weighed in on the stock. Berenberg Bank set a €56.00 ($65.88) price objective on shares of Brenntag AG and gave the stock a “neutral” rating in a research note on Thursday, July 6th. Commerzbank Ag set a €48.00 ($56.47) price target on shares of Brenntag AG and gave the company a “sell” rating in a research note on Saturday, May 20th. HSBC Holdings plc set a €58.50 ($68.82) price target on shares of Brenntag AG and gave the company a “buy” rating in a research note on Monday, July 10th. Nord/LB set a €51.00 ($60.00) price target on shares of Brenntag AG and gave the company a “neutral” rating in a research note on Tuesday, May 30th. Finally, Deutsche Bank AG set a €57.00 ($67.06) price target on shares of Brenntag AG and gave the company a “buy” rating in a research note on Wednesday, July 12th. Nine analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of €55.32 ($65.08).
Shares of Brenntag AG (FRA:BNR) opened at 44.314 on Thursday. Brenntag AG has a 1-year low of €44.18 and a 1-year high of €56.25. The company has a 50 day moving average of €49.66 and a 200 day moving average of €52.42. The company has a market cap of €6.85 billion and a PE ratio of 17.669.
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