Independent Research Reiterates “€44.00” Price Target for Brenntag (FRA:BNR)
Independent Research set a €44.00 ($51.16) target price on Brenntag (FRA:BNR) in a research report report published on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
A number of other analysts have also recently weighed in on BNR. JPMorgan Chase & Co. set a €50.00 ($58.14) target price on shares of Brenntag and gave the stock a buy rating in a research note on Tuesday, July 16th. Nord/LB set a €45.00 ($52.33) target price on shares of Brenntag and gave the stock a neutral rating in a research note on Friday, May 24th. Deutsche Bank reaffirmed a hold rating and set a GBX 1,775 ($23.19) target price on shares of in a research note on Wednesday, June 26th. Goldman Sachs Group set a €100.00 ($116.28) target price on shares of Henkel AG & Co KGaA and gave the stock a buy rating in a research note on Wednesday. Finally, Kepler Capital Markets set a €112.00 ($130.23) target price on shares of LEG Immobilien and gave the stock a buy rating in a research note on Thursday, May 9th. Four analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. The stock has an average rating of Buy and an average price target of €52.77 ($61.36).
FRA BNR opened at €43.60 ($50.70) on Wednesday. The business’s fifty day moving average is €43.04. 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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